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TSP

Administered by the Federal Retirement Thrift Investment Board, this defined contribution plan for federal employees has roughly 4,614,874 participants, and over $358 billion in assets under management. Ask your TSP questions and post related topics here.

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swoc$op  
#1 Posted : Wednesday, February 16, 2022 4:54:11 PM(UTC)

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Joined: 4/16/2009(UTC)
Posts: 27

Received a letter in re to RMDS from TSP for 2022. However they seem to be using the old RMD calculation table. Aren't there new tables starting for 2022 and beyond?
GoHuskers  
#2 Posted : Wednesday, February 16, 2022 10:20:45 PM(UTC)

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Got a letter a few days ago saying that the payment received in January was based on the old tables and the payment starting with the one received this month will be based on the new table for 2022. Looking at the new table my RMD will be reduced by about $50 per month. And from the amount of payment for February shown on the TSP website, my monthly payments for the rest of the year will be about $4 per month less than the monthly rate from the new tables to make up for the excess payment made in January. That will make the total distributions for the year equal to what is required by the new table.
thanks 1 user thanked for this useful post.
someoldguy on 3/7/2022(UTC)
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