Withdraws from Retirement Account

Topics

Ep #79: 7 Things You Can NOT Do in TSP in Retirement

Listen to the Full Episode: Retirement can be challenging, especially when it comes to managing your finances. One of the biggest mistakes you can make

Ep #78: Transitioning to Retirement

Listen to the Full Episode: You are getting closer to retirement, but specific tasks must be completed to enjoy it thoroughly. You’ll need to take

Ep #77: Withdrawals in Retirement

Listen to the Full Episode: You’ve been working and saving and planning for your retirement. And when you retire, you go through a psychological shift

Should I withdraw my FERS Contributions?

“How do I know when it’s worth it to withdraw (refund) my FERS contribution when I leave the Fed workforce? if I have less than

Tax Penalties in the Thrift Savings Plan

“Hello, I am a retired 58 yr old federal employee that retired after 34 years of service. My wife and I are looking at buying

Withdrawing from Your TSP

At age 59 1/2, I would like to use a TSP one time withdrawal to pay off a mortgage then eventually transfer the balance to

Unexpected Taxes

I am not sure this question is easy to answer but here goes. I retired in 2019 (LEO RET/Special Provisions) and immediately took a job

FERS Pension, Be Prepared

“Can I be on the safe side to estimate my retirement deductions for FEHB, and Life Insurance by using the amount that is being deducted

Using TSP to Pay Off Debt

“I have a tsp question for you concerning the new TSP withdraw options. I retired in 2015 from air traffic control at age 50.

FFFC Is my TSP taxed as ordinary income or capital gain?

Question “Is the money that I withdrawal from my TSP in retirement all taxed as ordinary income or are the contributions that I made taxed

Is there a 10% penalty for signing up for $1,250 monthly straight withdrawal (not an annuity) from the TSP if I retire at my MRA @ 56 (but will not be 59 1/2)

“Is there a 10% penalty for signing up for $1,250 monthly straight withdrawal (not an annuity) from the TSP if I retire at my MRA

Using TSP to Pay Off Your Mortgage

FERS Federal Fact Check! We love answering questions from Federal Employees about their benefits. Our passion for financial planning with Federal Employees has provided us

3 Critical Concepts that Most Federal Employees Miss When Planning Their Retirement

Year after year I see Federal Employees missing the same critical concepts in their federal retirement planning. That’s why I’ve created an online workshop to help educate Federal Employees on these critical concepts.

If you are a Financial Advisor looking to work with Federal Employees,
we are always looking for Advisors that want to deliver massive value to clients.

Learn About Retirement

Retirement Tools

Get Help

Advisory services offered through Shilanski & Associates, Inc., an Investment Adviser doing business as “Plan Your Federal Retirement”. Plan Your Federal Retirement is not employed by the United States Federal Government and does not represent the United States Federal Government. All content on this site if for information purposes only. This website is not personalized investment advice. Securities investing involves risks, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful. Please review our Customer Relationship Summary (Form ADV Part 3) for important information about our services and fees.

Opinions expressed herein are solely those of Shilanski & Associates, Incorporated, unless otherwise specifically cited. Material presented is believed to be from reliable sources, and no representations are made by our firm as to other parties, informational accuracy, or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant, or legal counsel prior to implementation.

Content provided herein is for informational purposes only and should not be used or construed as investment advice or recommendation regarding the purchase or sale of any security. There is no guarantee that any forward-looking statements or opinions provided will prove to be correct. Securities investing involves risk, including the potential loss of principle. There is no assurance that any investment plan or strategy will be successful.