Browsing: Withdrawals

Congresswoman Eleanor Holmes Norton (D-DC) introduced last month legislation to expand the circumstances in which a recently separated federal employee can withdraw from their Thrift Savings…

Halfpoint Images | Moment | Getty ImagesWorkers may have a new way to help prepare for a largely unpredictable health-related expense during their golden years.Under a…

A traditional Individual Retirement Account (IRA) is a way to save money for the future while receiving tax benefits today. You contribute during your working years,…

Key Insight: Many Americans find it difficult to turn their retirement savings into a steady income. Bank of America’s new app, 401(k) Pay, is designed to…

Senator Tim Kaine (D-VA) last week introduced legislation that would remove penalties for federal employees who wish to make hardship withdrawals from their Thrift Savings Plan…

Before deciding to withdraw money from their Thrift Savings Plan (TSP) accounts, TSP participants are advised to be aware of the tax rules associated with TSP…

This is the fourth of four columns discussing TSP withdrawal options that are available to Thrift Savings Plan (TSP) participants who retire from federal service. This…

Early retirement is a dream for many. However, a really early retirement is fairly rare. According to research published on LIMRA, only about 20% of all…