Lump-sum annual leave into TSP?

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Q. I am in FERS (age 57 with 30 years). I have been offered the buyout and will have to be off the roll Jan. 31.  How should I go about having a portion of my lump-sum annual leave payment go directly into my Thrift Savings Plan account?

A. This is not allowed.

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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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