TSP Secure 2.0

[WorkFE]

Re: WorkFE's Account Talk

A little TSP news.
For TSP participants, more changes from SECURE 2.0 are coming soon | Federal News Network

 

[evilanne]

Re: WorkFE's Account Talk

"At the beginning of 2023, the starting age for RMDs increased from 72 to 73. Beginning in 2033, the starting age will increase even further — to 75."

I don't think you have to worry about any penalty with TSP as they make sure you get your RMD but "the penalty for not taking the RMD on time also decreased this year — from 50% to 25%."