TSP Adds Details to New Withdrawal Policies - June 11, 2019
Rule changes allow for greater flexibility
FEDweek
The TSP has proposed rules to carry out the upcoming changes in withdrawal options for both current and separated participants, adding some new details to the changes set to take effect September 15.
Regarding post-separation withdrawals, one major emphasis is to explain the new policies regarding installment payments that will allow an account holder to elect to receive installment payments annually or quarterly in addition to the current monthly option and to change the frequency of the installment payments at any time rather than just once a year.