Q. What’s the difference between account distribution and account allocation?
A. Unless “distribution” is referring to a disbursement of money from the account, the two are synonymous.
TSP terms
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Mike Miles
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.