The TSP Rule of 55 is a benefit for federal employees that allows penalty-free withdrawals from their Thrift Savings Plan if they separate from service in the year they turn 55 or later. This exemption waives the usual 10% early withdrawal penalty, though standard income taxes on distributions still apply. It is essential to note that this rule does not apply to Individual Retirement ... https://www.federalpensionadvisors.com/post/tsp-rule-of-55