What are my TSP withdrawal options in retirement?

By the FERS Made Easy editorial team · Last reviewed Oct 2026

After you leave federal service you can take TSP money as installment payments, a single or partial withdrawal, a life annuity, or a mix. You can change installment amounts at any time, and required minimum distributions start at 73 (75 if born 1960 or later).

Traditional TSP withdrawals are taxed as income; qualified Roth withdrawals are tax-free. Leaving in the year you turn 55 or later (50 for special provisions) avoids the 10% early-withdrawal penalty.

Try the TSP Withdrawal calculator.

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Sources

• TSP: Living in retirement
• TSP: Required minimum distributions