Consolidating IRAs into TSP

0

Q. My wife is retired under FERS with a Thrift Savings Plan account and I, too, will retire at some point under FERS with a TSP account. Both of us have individual IRAs. Can each of us consolidate the IRAs into our own TSP accounts?

A. Yes, as long as they don’t contain money that is eligible to be withdrawn without being taxed (tax basis).

Share.

About Author

Leave A Reply