Q. If I resign after 14 years of civil service and do not wish to cash out my Thrift Savings Plan, can I roll it over into a private-sector employer’s 401(k) without penalties?
A. Yes.
Resigning and rolling over TSP into 401(k)
1
Share.
About Author
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.
1 Comment
Yes, but why in the world would you want to? Nothing in the private sector approaches the TSP, especially when fees and expense ratios are considered, which will end up being the single most important factor affecting 401k performance.