TSPs only allow you to withdraw monthly, quarterly, or annually. You can request that the payment be a specific dollar amount or an amount based on your life expectancy and account balance that is recomputed annually.1516 IRAs also have an early withdrawal penalty of 10% for any money taken...
This Roth IRA is looking like one very sweet deal. In fact it is even looking like it violates whatjlcollinsnhtold us to fix in our minds earlier: ‘None of these eliminates your tax obligations. They only defer them.‘”True enough, but as with many things in life there is a catch....