NATCA Bookshelf

National Office Week in Review: October 26, 2016

A publication of the National Air Traffic Controllers Association

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register. For further assistance, contact Customer Service at 800-266-0895 or email uwadmin@natca.net. Benefits Spotlight: Ford X-Plan Summer is here and with it, graduations and road trips! Do you need a new car to supplement your summer plans? Look at the Ford X-Plan Pricing. NATCA has a great benefit program with Ford that entitles you to exclusive, no haggle pricing and incentives available to members and members of their household. These savings are IN ADDITION to local dealer incentives and the result is savings for you! Look to Ford and "Go Further." For more information, visit your benefits website at http://natca.com/index.php/ford. Cambridge Corner: How do I access my TSP without Penalties? The Thrift Savings Plan (TSP) is similar to a 401(k) plan in that everything in the TSP is tax-deferred. Because it is tax-deferred, there are rules and restrictions if you retire before a specified age and withdraw money from your account prior to age 59 ½. The TSP is unique in that any Federal employee who retires in the calendar year in which they are 55 or later can access any and all money in their TSP account without penalty. However, if you retire prior to the year in which you are age 55 there is a 10 percent early withdrawal penalty on all withdrawals prior to age 59 ½ unless you withdraw funds based on actuarially projected life expectancy. There are two possible withdrawal methods: 1) substantial equal installments based on actuarially projected lifetime payments and 2) a true annuity. Both of these withdrawal options are available at any age with no early withdrawal penalties. Call 888-900-4690 or click here for more information on how Cambridge Financial Partners can help you. Upcoming Retirement Seminars Provided By 4 SQUARE: NATCA Area Mid/Late Career Workshop 3 P.M. – 9 P.M. C.O.R.E Early Career Workshop 9 A.M. – 3 P.M. Juneau, Alaska 9-Nov 10-Nov Savannah, Ga. 15-Nov 16-Nov Oklahoma City 15-Nov 16-Nov Standard seminar for members with more than 15 years of service held from 3- to-9 p.m. local time. Register by signing on to the NATCA Portal. Please verify the personal information listed for you including email and cell phone number. If any information is incorrect or missing, please correct or add it under the "My Profile" tab. To register for a seminar, click the "Events" tab, followed by "2016 Retirement Seminars". Complete the requested information and click "Next". When you come to the

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