TSP partial transfer

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Q. Is it possible to do partial transfer of Thrift Savings Plan funds once you leave the government? Could I transfer 50 percent of my TSP funds into an IRA and retain the other 50 percent in my TSP account?

A. Yes, as long as you haven’t already exhausted your single TSP partial withdrawal allowance.

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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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