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TSP-77 2018 4.8 Satisfied (80 Votes)
TSP-77 2012 4.4 Satisfied (158 Votes)
TSP-77 2010 4.3 Satisfied (55 Votes)
TSP-77 2008 4.3 Satisfied (43 Votes)
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Participants can take multiple partial withdrawals (even while receiving installment payments) as long as there are at least 30 calendar days between each request. Having taken an age-based in-service withdrawal will not prevent participants from taking post-separation partial withdrawals.
Rules for age-59 ½ withdrawals You may only take up to four age-59 ½ withdrawals per calendar year. If you have two separate TSP accounts\u2014a civilian TSP account and a uniformed services account\u2014you can only make age-59 ½ withdrawals from the account associated with your active employment at the time of your withdrawal.
Submit your withdrawal forms directly to the TSP Service Office. To reach the Service Office, call the TSP ThriftLine at 1-TSP-YOU-FRST (1-877-968-3778) or the TDD at 1-TSP-THRIFT5 (1-877-847-4385).
Because we're making the payment directly to you and not to your other retirement plan or IRA, we are required to withhold 20% of your payment for federal income taxes. This means that in order to roll over your entire payment, you must use other funds to make up for the 20% withheld.
1 There are two types of in-service withdrawals: financial hardship withdrawals and age-591/2 withdrawals . Note: You cannot make an in-service withdrawal from a beneficiary participant account . (A beneficiary participant account is a TSP account that is inherited from a deceased TSP participant .)
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People also ask

There are three basic methods of taking distributions from your TSP account as a separated or beneficiary participant: installment payments. monthly, quarterly, or annual. fixed dollar amount or based on life expectancy. partial or total distributions. annuity purchases.
You would use a form TSP-75 for an age based withdrawal and have your financial adviser complete the part of the form that deals with transferring money out of the TSP.
(The most current versions of TSP forms and publications are available on the TSP website at tsp.gov.) To choose your investment fund(s), use the TSP website (tsp.gov) or call the ThriftLine at 1-877-968-3778. Outside the U.S. and Canada, call 404-233-4400.
Form TSP-17, Information Relating to Deceased Participant. Agency Responsibilities. If a TSP participant dies while still in Federal service, the agency should provide Form TSP-17, Information Relating to Deceased Participant to a family member, executor, or potential beneficiary and assist with its completion.
Form TSP 70 is the form you need to fill up and submit when making a request for a full and immediate withdrawal of your entire vested Thrift Savings Plan (TSP) account balance. The TSP 70 form may be used only after you leave federal employment, and your employing agency confirms your separation from Federal service.

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