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TSP withdrawal changes signed; Congress approves DoD bill

from FEDWeek

President Donald Trump has signed into law a bill that would allow multiple age-based in-service withdrawals and multiple post-separation withdrawals in the Thrift Savings Plan (TSP) and to create more flexibility in the option to choose “substantially equal” withdrawals — by allowing annual or quarterly withdrawals in addition to monthly, changes in amounts at any time rather than just once a year, and the purchase of an annuity after receiving such payments, in addition to taking a lump-sum payment. more


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