Federal Pension Advisors’ article on the TSP Rule of 55 provides a clear understanding of this retirement planning tool. Federal employees who separate at age 55 or later can withdraw from their Thrift Savings Plan penalty-free under this rule. The article explores eligibility criteria, advantages, and exceptions for Special Category Employees. It also discusses the potential risks of early withdrawals and offers strategies for using the rule to create a stable income stream for early retirees, ensuring financial security and flexibility.
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