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Thread: I give up

  1. #1
    brushout is offline Newbie
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    Default I give up

    I have thought about this long and hard. Does anyone know what I need to do to completely cash out? I know I will have to pay penalties and tax..Got it. I just want what is left of my money and I will go play somewhere else.

    I think I can do better using my TSP money to buy silver, gold and M-4s.

    Thanks to anyone that can help. Yes, I know I am a loon, you don't have to tel me any more.


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  3. #2
    Show-me's Avatar
    Show-me is offline TSP Guru
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    Default Re: I give up

    You can only cash out when you separate.
    "The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." -- Thomas Jefferson

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  5. #3
    poolman's Avatar
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    Default Re: I give up

    Quote Originally Posted by brushout View Post
    I have thought about this long and hard. Does anyone know what I need to do to completely cash out? I know I will have to pay penalties and tax..Got it. I just want what is left of my money and I will go play somewhere else.

    I think I can do better using my TSP money to buy silver, gold and M-4s.

    Thanks to anyone that can help. Yes, I know I am a loon, you don't have to tel me any more.
    Tell us your Story.. Then there will be many that can help...

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  7. #4
    budnipper1's Avatar
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    Default Re: I give up

    Quote Originally Posted by brushout View Post
    I have thought about this long and hard. Does anyone know what I need to do to completely cash out? I know I will have to pay penalties and tax..Got it. I just want what is left of my money and I will go play somewhere else.

    I think I can do better using my TSP money to buy silver, gold and M-4s.

    Thanks to anyone that can help. Yes, I know I am a loon, you don't have to tel me any more.
    Quote Originally Posted by Show-me View Post
    You can only cash out when you separate.
    This link explains in-service withdrawal options. Go to the TSP website homepage and paste the link from there.
    http://www.tsp.gov/forms/tspbk12.pdf
    ~ Take nothing but pictures ~ Leave nothing but footprints

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  9. #5
    brushout is offline Newbie
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    Default Re: I give up

    there is no story to tell. I just want out with whatever is left.

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  11. #6
    poolman's Avatar
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    Default Re: I give up

    Quote Originally Posted by budnipper1 View Post
    This link explains in-service withdrawal options. Go to the TSP website homepage and paste the link from there.
    http://www.tsp.gov/forms/tspbk12.pdf

    Does not work for me Budnipper. Just tried it...

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  13. #7
    brushout is offline Newbie
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    Default Re: I give up

    Quote Originally Posted by budnipper1 View Post
    This link explains in-service withdrawal options. Go to the TSP website homepage and paste the link from there.
    http://www.tsp.gov/forms/tspbk12.pdf
    After reading, it looks like I will just have to sit here and suffer as I watch our TSP accounts go to zero. I will still have my M-4 to cling to. lol

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  15. #8
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    Default Re: I give up

    Quote Originally Posted by brushout View Post
    After reading, it looks like I will just have to sit here and suffer as I watch our TSP accounts go to zero. I will still have my M-4 to cling to. lol
    brushout, when do you retire?
    If I'm curt with you it's because time is a factor. I think fast, I talk fast and I need you guys to act fast if you wanna get out of this. So, pretty please... with sugar on top. Post the IFT!!!

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  17. #9
    budnipper1's Avatar
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    Default Re: I give up

    Quote Originally Posted by poolman View Post
    Does not work for me Budnipper. Just tried it...
    The first time I found it was after I logged on to My Account with the TSP website. Later, after I had signed off, I could still access the pages from the homepage without signing back in. Maybe it was a cookie thing... Did you paste the link in your browser from TSP's homepage? Sorry it didn't work for you. I'm sure you will figure it out. It's a 20 page pdf file booklet about in-service withdrawals.
    ~ Take nothing but pictures ~ Leave nothing but footprints


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  19. #10
    poolman's Avatar
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    Default Re: I give up

    Quote Originally Posted by budnipper1 View Post
    The first time I found it was after I logged on to My Account with the TSP website. Later, after I had signed off, I could still access the pages from the homepage without signing back in. Maybe it was a cookie thing... Did you paste the link in your browser from TSP's homepage? Sorry it didn't work for you. I'm sure you will figure it out. It's a 20 page pdf file booklet about in-service withdrawals.

    got it budnipper, I'm Sorry...

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  21. #11
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    Default Re: I give up

    Quote Originally Posted by brushout View Post
    I have thought about this long and hard. Does anyone know what I need to do to completely cash out? I know I will have to pay penalties and tax..Got it. I just want what is left of my money and I will go play somewhere else.

    I think I can do better using my TSP money to buy silver, gold and M-4s.

    Thanks to anyone that can help. Yes, I know I am a loon, you don't have to tel me any more.
    you have to resign/quit
    2 months!

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  23. #12
    Frixxxx's Avatar
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    Default Re: I give up

    Quote Originally Posted by ATCJeff View Post
    you have to resign/quit
    That's right, you have that 1% going in to your account by default....FERS, gotta love it!
    If I'm curt with you it's because time is a factor. I think fast, I talk fast and I need you guys to act fast if you wanna get out of this. So, pretty please... with sugar on top. Post the IFT!!!

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