IRA conversion to TSP

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Q. I am a federal employee contributing to the Thrift Savings Plan. I have a traditional IRA, with a large brokerage firm, which I no longer contribute to. Would it make sense to transfer the IRA to TSP and possibly a Roth?

A. The TSP is the best investment environment you’ll find, so you should maximize its use.

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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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