34 min listen
Episode 10: Federal Employee Financial Planning TSP at Retirement or 59.5
Episode 10: Federal Employee Financial Planning TSP at Retirement or 59.5
ratings:
Length:
43 minutes
Released:
May 2, 2022
Format:
Podcast episode
Description
We know that TSP can be a great way to save money for retirement whilst also receiving significant tax benefits. However, these benefits come with a number of rules that limit when and/or how you can access these funds. One very well-known rule is that for many retirement accounts you will have to pay a 10% penalty if you access them before age 59.5. In this episode, Michael, Tommy and John will be explaining several exceptions surrounding this penalty and how to ensure you use them correctly to avoid costly mistakes. Access the full show notes at Mason & Associates, LLC
Released:
May 2, 2022
Format:
Podcast episode
Titles in the series (70)
Episode 1: The Home Stretch: Michael Mason will be joined by Tommy Blackburn and John Mason to discuss everything you should and should not do to ensure your golden years are exactly the way they should be: exciting, relaxing, and financially stable. by Federal Employee Financial Planning Podcast