actortype wrote:Excuse my ignorance, but I did look over the TSP site a bit before this first post.
When you retire and choose to take the TSP in monthly chunks (that will take more than 10 years to exhaust your account so as to avoid upfront taxes - I think)Welcome actortype! I don't believe you avoid the taxes that way, but if you are under 59 1/2 you avoid the early withdrawal penalty. Someone correct me if I'm wrong here.can you reallocate the balance among the TSP funds? If so, how often....daily, monthly, yearly?Yes, Daily. Any transfers made before noon ET will be effective the following business day.Can someone point me to the chapter and verse that spells this out?Hope that helps. thanks for joining us!I would peruse http://www.tsp.gov. The site seems to be down currently otherwise I'd find the page and put the link here.
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