“Thank you very much for the great information. Question: Do I need to list my ex-spouse on my FERS retirement application if we were married for less than 10 years (25 years ago)? Thank you!” – Salah.
How do I Calculate My High-3?
How do I calculate my high three? I was a FERS employee from 1991-2000 then returned to FERS in 2022. I am 58 with a total of 23 years of
2 Responses
I will be MRA+10 eligible and 58 y/o in a couple of months. I’ve downloaded calculations for FERS and know which option I want for FERS piece. My question is, can I withdraw from TSP at age 58 under MRA+10 rules without penalty?
Stan, great question. In short, if you separate from Federal service after the age of 55 then you can take funds from your TSP without a 10% penalty. There are some more rules on how this works, you can check out our article here – https://plan-your-federal-retirement.com/tsp-withdrawal-penalty/