Tsp annuity calculator
The money is deducted from your TSP retirement account and the withdrawal will continue for as long as your money lasts. Generally state or local government 457 plans are not considered qualified retirement plans and early distributions from these are not subject to a federal tax penalty though there may be state penalties.
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Make one withdraw transfer the TSP to an IRA.
. Leave it in the TSP and let it grow. You can get a fixed dollar amount from your TSP each month after retirement. An employee annuity plan such as a 403a A 403b or similar plan for employees of public schools and tax-exempt organizations.
How does TSP work when you retire.
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