What to consider when cashing out TSP
Friday - 7/15/2011, 4:22pm EDT
Tammy Flanagan, senior benefits director, National Institute of Transition Planning
Click here to listen to the interview.
It's not quite Shakespearean, but for federal employees it's an important question: To cash out a Thrift Savings Plan or to not cash out?
There are both benefits and drawbacks to cashing out a TSP, and Tammy Flanagan, the senior benefits director for the National Institute of Transition Planning, discussed both on In Depth with Francis Rose.
Flanagan also discussed buying an annuity from a private company, the risks involved and why it seems like an alluring option to people right now.
