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New Member
posted Jun 5, 2019 11:43:43 PM

I pulled money from my Thrift Savings plan. Does count as removing money from my retirement plan?

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1 Best answer
Level 15
Jun 5, 2019 11:43:45 PM

Yes, it does count as removing money from a retirement plan, unless it is a loan from the Thrift Savings Plan and you are paying it back.

If not a loan, you will be getting a 1099R that will need to report on your tax return.

2 Replies
Level 15
Jun 5, 2019 11:43:45 PM

Yes, it does count as removing money from a retirement plan, unless it is a loan from the Thrift Savings Plan and you are paying it back.

If not a loan, you will be getting a 1099R that will need to report on your tax return.

New Member
Jun 5, 2019 11:43:50 PM

Awesome thank you!