[Code of Federal Regulations]
[Title 5, Volume 3]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR1650.31]

[Page 268]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
         CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD
 
PART 1650_METHODS OF WITHDRAWING FUNDS FROM THE THRIFT SAVINGS PLAN--Table of Contents
 
                    Subpart D_In-Service Withdrawals
 
Sec.  1650.31  Age-based withdrawals.


    (a) A participant who has reached age 59\1/2\ and who has not 
separated from Government employment is eligible to withdraw all or a 
portion of his or her vested TSP account balance in a single payment. 
The amount of an age-based withdrawal request must be at least $1,000, 
unless the withdrawal request is for the entire vested account balance.
    (b) An age-based withdrawal is an eligible rollover distribution, so 
a participant may request that the TSP transfer all or a portion of the 
withdrawal to a tradition IRA or an eligible employer plan.
    (c) A participant is permitted only one age-based withdrawal for an 
account.
    (d) A participant who makes an age-based withdrawal is not eligible 
to make a partial withdrawal after separating from Government service.