Q. I resigned from the government in March 2010, following 25 years of service, at the age of 48. I took out my TSP. Am I eligible for a government retirement? if so, at what age?
A. If you didn’t ask for a refund of your retirement contributions, you’d be eligible for an annuity when you reach your minimum retirement age, which is 56. However, your annuity would be reduced by 5 percent for every year you were under age 60. You could reduce that penalty by postponing the receipt of your annuity to a later date or eliminate it by waiting until age 60.