I am retiriing at age 56 MRA +10 with a total of 29 Years Service. I realize there is no penalty if I seperate at 56 and begin monthly installments from TSP. Let’s assume I want to take $5000 monthly and my starting balance is $960,000. Am I required to take that same amount monthly for the next 5 years to avoid 72t tax penalty from IRS or can I adjust my monthly installments whenever I choose?
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