What to consider when cashing out TSP

Tammy Flanagan, senior benefits director, National Institute of Transition Planning

wfedstaff | June 4, 2015 8:30 am

It’s not quite Shakespearean, but for federal employees it’s an important question: To cash out a Thrift Savings Plan or to not cash out?

There are both benefits and drawbacks to cashing out a TSP, and Tammy Flanagan, the senior benefits director for the National Institute of Transition Planning, discussed both on In Depth with Francis Rose.

Flanagan also discussed buying an annuity from a private company, the risks involved and why it seems like an alluring option to people right now.

What impact will the Trump administration have on feds? Read the latest in our First 100 Days section.