TSP Withdrawal Calculator
Compare withdrawal options and create a tax-efficient income strategy for your Thrift Savings Plan
Plan Your TSP Withdrawals
See how different withdrawal strategies affect your retirement income and taxes
TSP Withdrawal Options Explained
1. Fixed Monthly Payments
You choose a specific dollar amount to receive each month. This provides predictable income but doesn't adjust for inflation.
2. Percentage-Based Withdrawals (4% Rule)
Withdraw 4% of your balance annually, adjusted for inflation. This is a popular strategy that aims to make your money last 30+ years.
3. Life Annuity
Convert your TSP balance into guaranteed monthly income for life. You give up control of the principal in exchange for certainty.
4. Lump Sum Withdrawal
Withdraw everything at once. NOT RECOMMENDED - triggers massive tax bill and eliminates future growth.
Complete Your Retirement Plan
Don't forget to calculate your FERS pension and Social Security benefits too!
TSP withdrawal sequencing and tax awareness
Use the sections below to align this calculator with your real planning questions—each block matches a common search intent.
Traditional vs Roth buckets
Withdrawals are taxed differently—sequence withdrawals to manage brackets and Medicare IRMAA.
Age 59½ and separation
Separation year rules differ from in-service withdrawals—confirm your status.
Annuity vs lump-sum trade-offs
MetLife annuity options inside TSP are irreversible—compare with brokerage annuities carefully.
Disclaimer
- Tax law changes; consult a CPA for large withdrawal plans.
Related Calculators & Guides
Authority & primary sources
Official rules change periodically. Cross-check estimates with Retirement Services at OPM.gov and your agency’s human resources office.
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