This may sound a fanciful scenario, yet recent events across Europe â including the looming independence referendum in Scotland â tell a very different story. Six days ago, the people of Spainâs most prosperous region, Catalonia, voted overwhelmingly for parties favouring the breaking away from Spanish rule.
1 If you are 55 or older and retired, you can withdraw from your TSP without being charged the 10% tax penalty (which is normally tacked onto early withdrawals) in addition to regular income taxes.
In-Service TSP Withdrawal. The minimum TSP withdrawal you can make is the smallest of either your account balance or $1000. If you are a married FERS employee or uniformed service member your spouse has to give their consent to the withdrawal.