By Mike Miles
IRA rollover into TSP
June 15th, 2010 | Uncategorized
Q: I joined the federal government more than three years ago. Can I roll over money from my Individual Retirement Account into my Thrift Savings Plan account?
A: Yes, as long as long as your IRA doesn’t contain basis — that is, money that’s already been taxed.
Tags: Individual Retirement Account, IRA rollover, rollover, tax, thrift savings plan, TSP
Comments
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Gary Haga Says:
June 21st, 2010 at 6:34 pmOnce again you confuse your readers. The IRA can in fact have a basis . . . . as long as the basis itself is not rolled over.

