Kid-Friendly Archery Set. Details. Two young brothers are the inspiration behind kids archery sets for outdoors lovers like them. The Made in the USA kit includes a bow, two matching arrows, and a bullseye target.
When you retire from federal service or you separate from government for any other reason, loans from your TSP program come due. The loan has to be paid back within 90 days of your separation. If you don't pay it back, the TSP will treat the money that isn't repaid as a distribution and you will have to pay taxes on it.
There is one withdrawal option available with TSP that is not available with an IRA. If you leave federal service after you turn 55, but before you are 59 Â½, you can withdraw money without the 10% early withdrawal penalty you would incur with an IRA. If you left federal service before you turned 55, or you transfer your TSP account to an IRA, there is a 10% penalty for most funds withdrawn prior to age 59 Â½. There are number of issues to consider when deciding what to do with your TSP when you retire.