Retirement funds from former employer

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Q. I have about $100,000 in a Vanguard account from my old employer. Since I can’t contribute anything to that account, can I drop those funds into my TSP and get better return?

A. Yes, you may and probably should transfer the pre-tax part of these funds into your TSP account.

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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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