If you want to change your monthly withdraw amount, you have to stop/delete your existing w/d first. Then it will let you start over and do a new w/d. At that point, they let you choose between lifetime calculation amount or an amount you decide yourself.
Bruce
From: TSPStrategy@groups.io <TSPStrategy@groups.io> On Behalf Of Nelson Garcia via groups.io
Sent: Monday, December 30, 2024 8:36 PM
To: TSPStrategy@groups.io
Subject: Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?
Same problem as me. Did you leave your TSP at C or G fund? TSP is only letting me withdraw amount base on their life time calculation. How would they now how long I'm gonna live?
On Dec 30, 2024, at 12:52 PM, don@meares.us wrote:
The only thing I don't like is the lack of flexibility of withdrawals. I retired in 2006 and have been withdrawing monthly for at least a decade. My TSP balance is still higher than when I retired. That's good. I started by asking for 1,000 a month. TSP sends me around 770.00. It's not tax withholding, it's calculations on life span. I don't know why that changed and can find nothing on the web site that easily allows me to increase the amount.
I love everything else I have encountered and think it's the best thing down for government employees.
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