Watch out for Thrift Savings Plan underreporting of distributions! [View all]

[nitpicked]

My mother has required minimum distribution from her TSP.

I thought the annual TSP statement was light on distributions, so I took a closer look- and discovered it only covered the period from 26 May until year-end! The TSP person said it was because computer systems had been changed.

I got stymied trying to get full-year data from both TSP and the credit union, since I'm not the account holder.

Fortunately, I found a TSP deposit statement for one month in 2022, so I can estimate the total distribution for 2022.

BEWARE if you or loved ones are relying on an "annual statement" from the TSP to calculate what to report on tax returns!