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Video instructions and help with filling out and completing Tsp-3

This is Cooper and today I'm going to talk about withdrawing from your TSP account this is one of the questions I get more than just about any other and that is on withdrawing from your TSP account specifically in retirement because while you're in service in under the age of 59 and a half you don't really have options for withdrawing your TSP account you can make loans and things like that but as far as actually withdrawing from the account that's not something that they they allow however when you turn 59 a half or retire they give you the opportunity to begin withdrawing or rolling over your TSP account this is something that not many federal employees know and especially they don't know the various withdrawal options but I'm going to go ahead and go over those in the first one is a partial withdrawal actually three iterate there's actually only two withdrawals available there's a partial withdrawal and a full withdrawal and I'm actually reading off headline here it says you have two options for withdrawing from your TSP account after you leave Federal service you may make a partial withdrawal or a full withdrawal now within the full withdrawals you have multiple options but in reality you only have one partial in one full withdrawal so they give you two options that's very limited but I'll just give you a little situation that some of you may face or may have faced let's say that you have $100,000 in your TSP account okay you decide that you're going to pull out $5,000 you're retired you just want to take some money out that way you can repair the roof on your home okay so you're taking $5,000 out to repair the roof on your home well the next time you decide hey my car needs fixing I want to I want to buy a new car okay so I'm going to take another $5,000 job they will not allow you to take out another $5,000 they won't allow you to take another partial withdrawal the way you're going to have to do it after you take that partial withdrawal so let's say you took that five thousand out for the house for the roof well the next time you've got to take it all out okay you've got to take that balance out now they allow you to take out through a couple different income options but you're not allowed to just take you know five thousand more dollars out because you already made your one partial withdrawal okay this is something that is very important and before you begin taking any withdrawals you need to be aware of now within the partial withdrawal there's a few circumstances where they allow you to take a partial withdrawal some some gatekeepers that you have to move beyond before you can actually take the withdrawal and the first one is you have not made a prior.