Hypo:
1) I am getting divorced. If I have a TSP, can I withdraw money from my TSP without incurring penalties?
2) Is it considered income for tax purposes?
3) Can my husband get cash out of the TSP if I have a qualified domestic relations order done (without incurring penalties)?
4) Are there taxes incurred with my husband getting his marital share? If so, how is this handled?
5) Would a seperate TSP then be crated for him?
1) I am getting divorced. If I have a TSP, can I withdraw money from my TSP without incurring penalties?
2) Is it considered income for tax purposes?
3) Can my husband get cash out of the TSP if I have a qualified domestic relations order done (without incurring penalties)?
4) Are there taxes incurred with my husband getting his marital share? If so, how is this handled?
5) Would a seperate TSP then be crated for him?
