Q. Is it possible to take a partial withdrawal from the TSP, say $100,000, and then reinvest the majority of the withdrawal into a separate IRA within the 60-day limit? I would like to buy another house, using cash from my TSP account, then take a home equity loan on 70 percent appraised value and reinvest this money back into a separate IRA. My hope is to reduce taxes. I am 62 and retired.
A. Yes.
