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im retiring this year, im concidering withdrawing all my funds in my thrift saving account, how will i be taxed next year on my taxes, or is there a exemption for this?
June 14, 2019
11:12 AM
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Other financial discussions
Basically, tax deferred contributions to a TSP are taxable in the year funds are withdrawn. There are no exceptions to that, as it doesn't matter what the funds are used for when they are withdrawn.
July 10, 2019
6:03 PM