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Tammy Flanagan: Don’t rush to withdraw funds from TSP

A brand new law just signed by President Obama will give a lot of federal employees the ability to start drawing retirement funds from the Thrift Savings Plan m...

July 10, 2015 6:53 pm

< a min read

A brand new law just signed by President Obama will give a lot of federal employees the ability to start drawing retirement funds from the Thrift Savings Plan much earlier than had been allowed in the past. It's called the Defending Public Safety Emploees Retirement Act and it applies to several federal positions that are already eligible for early retirement. Tammy Flanagan is the senior benefits director for the National Institute for Transition Planning. She tells In Depth guest host Jared Serbu how the law will work and what its impact will be.