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TSP contributions from IRAs

By Mike Miles on March 23, 2010 Uncategorized

Q. Can I add lump sums of money to the TSP from other IRA sources? I am a current federal retired employee.

A. Yes, as long as the money does not include nondeductible contributions or other basis amounts.

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Mike Miles

Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

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About the Author

Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.
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