Q: I am retiring in July at age 56.6. Do I have to wait until after the day of my retirement to transfer any IRA money to my TSP? Do I only have 30 days from retirement to make that transfer? Can I start withdrawing that money from my TSP immediately, or do I have to wait until age 59.5, since it’s IRA money? Or do all resrictions end once it’s transferred to TSP?
A: You may transfer eligible money into the TSP at any time – before or after your retirement. Once the money is transferred into the TSP, only the rules governing the TSP will apply.