New options for federal employees and retirees to withdraw finds from their Thrift Savings Plan went live on Sept. 15. Under the new policy, feds 59.5 years of age and older can make four withdrawals ...

A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify, ...

Understanding each part of your federal retirement can help you plan when and how to retire and avoid surprises.

But as people retire, they leave the accumulation phase and enter the distribution phase—the phase where they start using the money that they have saved. And this is where it often gets tricky. The ...