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Thread: TSP - 72(t) - what form?

  1. 03-18-2015, 07:12 PM #25
    Kaufmanrider's Avatar
    Kaufmanrider
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    I believe you are correct. If you rolled into an IRA outside TSP you'd have to set up a new distribution plan. Your current dustribution plan is with TSP. You'd "bust" your 72t plan through TSP and owe the 10% penalty on distributions you recieved so far, not your entire account balance. You might check out 72t.net and maybe post your question over there.

    Personally, I rolled mine at retirement for the same reason, more options and better diversification.
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  2. 03-22-2015, 05:24 AM #26
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    Default Re: TSP - 72(t) - what form?

    Thanks Kaufmanrider.... That's what I was afraid of. I've got plenty of investment ideas focusing on high dividend paying stocks, however I just can't bring myself to invest in the overall markets near all time highs. I'll just have to wait another 5 years to roll the funds over as I don't want to pay the penalty. If we could ever get a solid pull back in the markets, I'd put some money to work in TSP but it hasn't happened in over 3 years.
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