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TSP Rule of 55: Early Withdrawal Guide for Retirees

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The TSP Rule of 55 allows federal employees to access their Thrift Savings Plan (TSP) funds without a 10% early withdrawal penalty if they leave service during or after the year they turn 55. This provision offers greater flexibility for those considering early retirement, as it enables penalty-free withdrawals. However, standard income taxes still apply to any distributions taken und... https://www.federalpensionadvisors.com/post/tsp-rule-of-55
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