Age-. The general rule in the industry is that once an A/C unit reaches 10-15 years, the idea of replacing the unit is usually a much better investment than putting money into an older system. If your system is at this threshold, it's usually wise to begin expecting, not wondering, when the system will fail.
You can keep the money in the TSP after you leave your federal job to benefit from the low fees, or you can roll over the money into an IRA or a new employer's 401(k), 403(b) or 457.
You are allowed to take out a one time one lump sum amount but after that, if you plan on taking another withdrawal, you must take out the entire remaining TSP balance. So you can not use your TSP as a ârainy dayâ or emergency fund pulling withdrawals as you need them. Also keep in mind if you took an Age Based In Service Withdrawal while working, that counts as a lump sum withdrawal and in retirement you must take your entire balance out if you need a lump sum withdrawal. Option 2: Monthly Payments. The second withdrawal option you have with the TSP is monthly payments.