I am 46 years old with 2 dependents, married with one son, and made roughly $125k this year. I am a Federal LEO with 25 years of service, meeting the requirements for retirement. I want to withdraw from the TSP at 47 years old and am concerned about my tax liabilities. I have heard there is a loophole if I withdraw based on the IRS Life Expectancy Calculator. What should I know about this?

November 14th, 2024

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