Скачать или смотреть Age-Based In-Service Withdrawals: 59½ Rule + New Post-2022 Flexibility | Episode 8

If you’re 59½ or older and still working, the age-based in-service withdrawal can be a powerful TSP option — and the rules have improved a lot compared to the past.

In Episode 8 of our TSP series, we explain what the age-based in-service withdrawal is, why the old rule was so limiting, and how the updated rules allow far more flexibility for people who need access to their money before they fully retire.

In this video, you’ll learn:

What an age-based in-service withdrawal is and who qualifies (age 59½)

The old rule: prior to the recent changes, you could only do this one time during your career

Why that was a problem for a defined contribution plan like TSP (similar to a 401(k))

The updated flexibility: you can now take multiple withdrawals per year (example discussed: up to four per year)

Why these withdrawals are typically taxable if taken as cash

How you can instead roll it over to an IRA if the goal is to avoid immediate taxation

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Disclosure: This content is for educational purposes only. GERBC is not affiliated with or endorsed by the U.S. federal government or any agency.

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