Padua Insurance Agency, LLC · License #L124739Keep the TSP
Review investment options, expenses, withdrawal flexibility, beneficiary rules, and access after separation.
Military & federal retirement education
Your uniform may come off. Your financial mission continues.
Your TSP decision belongs inside a larger plan—one that considers military retirement, civilian employment, your spouse’s income, taxes, protection, and the life you want after service.
Honoring every branch
Serving those who served
Educational resources for active-duty members, veterans, federal employees, and military families across all six branches.
Service emblems are shown solely to identify the six branches. All marks belong to their respective services. Padua Financial Services and Padua Insurance Agency, LLC are independent private businesses and are not affiliated with or endorsed by any military branch or the U.S. government.
Know the choices
A TSP transition is not a one-answer decision.
Depending on your circumstances and plan rules, you may have several paths. We compare the practical benefits, restrictions, costs, taxes, and family considerations of each.
Use a new employer plan
Determine whether the plan accepts transfers and whether consolidation improves or limits your choices.
Transfer to an IRA
Compare investment flexibility, advice costs, creditor protection, distributions, and service.
Take a distribution
Understand withholding, potential penalties, ordinary income tax, and the effect on long-term retirement security.
We do not assume that a transfer is appropriate. The analysis begins with your existing benefits and goals—not with a product.
The income-stacking review
One household. Several income sources. One tax return.
A new civilian salary can arrive while military retirement, VA benefits, a spouse’s wages, Social Security, and retirement withdrawals overlap. We map when each source begins and which items may affect taxable income.
Military retired payCivilian wagesSpouse’s incomeSocial SecurityTSP or IRA distributionsRequired minimum distributions
Plain-English workshop
Transitioning from service to the civilian workforce
Designed for service members, veterans, and spouses who want to understand the financial decisions that arrive with a new career.
- What happens to the TSP after separation
- How a new 401(k) may fit
- How military and civilian income can overlap
- Beneficiary and life-insurance questions
- Tax questions to raise before moving money
Presented by Gilberto “Gil” Padua
Florida, Texas, and Georgia Agent
FL #A198764 · TX #1660821 · GA #3482440
40+ years of tax and business experience.
Questions worth asking
Before signing a transfer form
What am I giving up?
Compare plan features, costs, protections, withdrawal choices, and access to professional guidance.
What will I pay?
Identify advisory fees, fund expenses, insurance charges, surrender periods, and optional-benefit costs.
What changes for my spouse?
Review beneficiaries, survivor income, access to funds, and protection needs.
What changes on my tax return?
Discuss distributions, conversions, withholding, income stacking, and future RMDs with the appropriate tax professional.
Your next decision deserves a complete review
Bring your questions. Keep control of the decision.
Start with a 15-minute conversationImportant notice
Padua Financial Services and Padua Insurance Agency, LLC are independent private businesses and are not affiliated with or endorsed by the Federal Retirement Thrift Investment Board, the U.S. government, or any military branch.
This material is educational and does not constitute individualized tax, legal, investment, or federal-benefit advice.
Insurance products are available only where properly licensed and appointed. Product guarantees depend on the claims-paying ability of the issuing insurer.