Federal Employees Soon Will Have More Options to Withdraw Money from Their Retirement Accounts

Current and former federal employees and military personnel soon will have more options when it comes to withdrawing money from their retirement accounts. The Thrift Savings Plan is on schedule for a September launch of new account withdrawal options that will remove restrictions that have long been a sore point for many investors, TSP officials said Wednesday at a meeting of the program’s governing board.

Source/more: Washington Post

 

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David Wingate is an estate planning and elder law attorney at Estate and Elder Planning by David Wingate. The Estate and Elder Planning office services clients with powers of attorneys, living wills, Wills, Trusts, Medicaid and asset protection. The Elder Law office has locations in Frederick, Washington and Montgomery Counties, Maryland.

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