What about active employees under 59.5?

[karlhjr]

Hi -
I've joined because I want to find out more about how TSP works. I'm an active government employee under 59.5 and I am trying to find definitive references about what access we have to our funds. I'd like to conduct a partial rollover to a qualified IRA.

1. Is the only access we have to funds until we are 59.5 is by either separating (retiring) or through the Loan program?
2. If this is the case, then can you help point me to the specific references?
3. The only thing I find is "the TSP is sort of like a 401(K), but there are significant differences". Has anyone found a document that specifies what these differences are?

 

[Skorcher]

You are correct on point 1. Specific reference is TSP Fact Sheet 10 which can be found at https://www.tsp.gov/PDF/formspubs/tspfs10.pdf

Hi -
I've joined because I want to find out more about how TSP works. I'm an active government employee under 59.5 and I am trying to find definitive references about what access we have to our funds. I'd like to conduct a partial rollover to a qualified IRA.

1. Is the only access we have to funds until we are 59.5 is by either separating (retiring) or through the Loan program?
2. If this is the case, then can you help point me to the specific references?
3. The only thing I find is "the TSP is sort of like a 401(K), but there are significant differences". Has anyone found a document that specifies what these differences are?