dtech77
09-29-2019, 08:44 PM
My TSP account is currently allocated to 50% in L2020 and 50% in L2030. I hope to retire in 2.5 to 4 yrs. My contribution is also set to 50% in L2020 and 50% L2030.
When I retire and start to withdraw from my TSP account, may I only withdraw money (say $50K) in my L2020 funds by taking the following steps: 1. move all the money (say $400K) in L2030 to L2020, 2. Withdraw $50K from L2020, and then 3. move $400K from L2020 back to L2030.
Does this bucket withdraw strategy work?
When I retire and start to withdraw from my TSP account, may I only withdraw money (say $50K) in my L2020 funds by taking the following steps: 1. move all the money (say $400K) in L2030 to L2020, 2. Withdraw $50K from L2020, and then 3. move $400K from L2020 back to L2030.
Does this bucket withdraw strategy work?