Ask The Experts: Money Matters

By Mike Miles

TSP monthly withdrawals

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Q: I just retired under the early out option from the U.S. Postal Service, and want to start regular monthly withdrawals from the Thrift Savings Plan, until the MetLife annuity index rate goes up somewhat. Can I, at that point, change from monthly payments to an immediate annuity option, without any kind of penalty? I am 52 years of age.

A: Yes.

— Mike Miles

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Comments

  1. Ben Says:
    September 14th, 2010 at 2:48 am

    When ,Where and How is the USPS give out my $5000 partial incentive pay for this year 2010? Do you have any clue?

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