Pension to TSP


Q. Years ago, I worked for an aerospace company. Now this company is offering me a lump sum for my pension. Is it possible to directly transfer this lump sum or a portion of the lump sum into my TSP account?

A. Probably, if the existing account contains no after-tax contributions. See the instructions for Form TSP-60 for the basic rules of eligibility for transfers into the TSP.


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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 and view his blog at

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