Ask The Experts: Money Matters

By Mike Miles

401(k) rollover into TSP

Bookmark and Share

Q. When does a nonfederal retirement fund (401(k), IRA, Substantially Equal Periodic Payment, etc.) qualify to be rolled over to the Thrift Savings Plan? Is there a time limit that such funds need to remain before transferring to a TSP account?

A. Basically, the funds need to come from a tax-deferred retirement account and consist of only yet-to-be-taxed money.

Tags: , , , , , ,

Comments are closed.