If circumstances require you to take an in-service withdrawal from your Thrift Savings Plan (TSP) before you hit 59½, you’re subject to an IRS 10% penalty. This is in addition to the regular income taxes you’ll owe on the tax-deferred portion of…
Thrift Savings Plan (TSP) participants who have eligible retirement plans like a 401(k), 403(b), or a traditional IRA can roll the money from those funds into their TSP account. You have the flexibility to make this move while you’re still working or…
As a Thrift Savings Plan (TSP) participant, you have the option of rolling over money from eligible retirement plans like a 401(k), 403(b), or a traditional IRA, into your TSP account. Even better, you can move money into your TSP while you’re…
Thinking about rolling over your Thrift Savings Plan (TSP) into an Individual Retirement Account (IRA)? It’s a big decision, and knowing the ins and outs of both options can help you make the right call. Many TSP participants choose to roll their…