![](/rp/kFAqShRrnkQMbH6NYLBYoJ3lq9s.png)
In-service Withdrawal Basics | The Thrift Savings Plan (TSP)
2022年7月18日 · In-service withdrawals are withdrawals you make from your TSP account while you’re still working for the federal government or a member of the uniformed services. An in-service withdrawal can have a serious impact on your TSP account.
Taking money from your account | The Thrift Savings Plan (TSP)
2024年5月24日 · Before making any decisions about taking money from your TSP account, you should review important information in the TSP publications that apply to your situation: Distributions—for all separated and beneficiary participants; In-Service Withdrawals; Tax Rules about TSP Payments; In-service withdrawals
In-service Withdrawal Types and Terms - The Thrift Savings Plan (TSP)
2022年5月15日 · There are two types of TSP withdrawals for active federal civilian workers and members of the uniformed services: financial hardship and age-59 ½. To qualify for a financial hardship withdrawal, you must have a financial need for at least one of the following reasons: In addition to the eligibility rules, the following apply:
TSP Updates In-service Age 59.5 Withdrawal Rules - My Federal Retirement
2024年5月8日 · Earlier in 2024, the Thrift Savings Plan updated its rules for in-service withdrawals. There are two types of TSP in-service withdrawals, namely: (1) A financial hardship withdrawal and (2) An age-based (age 59.5) withdrawal.
TSP Updates Financial Hardship Withdrawal Rules - My Federal Retirement
Earlier in 2024, the Thrift Savings Plan updated its rules for in-service withdrawals. There are two types of TSP in-service withdrawals. They are: (1) Financial hardship withdrawals and (2) Age-based (age 59.5) withdrawals.
How to Withdraw from TSP While in Service
2025年1月27日 · Yes, you can withdraw from your TSP account while in service if you meet the requirements outlined for Financial Hardship Withdrawals or Age-59½ In-Service Withdrawals. TSP participants have two main options for in-service withdrawals: Each type of withdrawal has specific eligibility criteria, limitations, and tax implications.
Understanding the Thrift Savings Plan Withdrawal Process
2024年6月12日 · There are two types of in-service withdrawals: financial hardship and age-59½. Participants should thoroughly consider all their financial options before taking a hardship withdrawal. Any withdrawal can seriously impact your ability to …
Key Aspects of In-Service Withdrawals from Your TSP - FEDweek
2020年5月18日 · TSP participants are allowed to take withdrawals from the Thrift Savings Plan while they are working, but only under specific circumstances. This article lists 13 things you should know about...
Thrift Savings Plan Withdrawal Considerations - USALearning
One option available to you is an in-service withdrawal that you can make from your TSP account while you are still on active duty. (This option is also available to federally employed civilians.) There are two types of in-service withdrawals: financial hardship withdrawals and withdrawals at age 59 and a half.
‘In-Service’ Withdrawals and Your TSP - FedSmith
2017年3月21日 · Federal employees are allowed to withdraw money from the Thrift Savings Plan while still working for two reasons: financial hardship and age. The TSP refers to these withdrawals as “in-service” withdrawals. Financial Hardship Withdrawals. There are only four allowable reasons for taking a financial hardship withdrawal from your TSP account: