Self-directed 401(k)

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Q. I’m considering deferring retirement. Is it possible and/or advisable to roll my TSP into a self-directed 401(k)? I will need access to cash until I reach my minimum retirement age in 2018.

A. I encourage you to leave your money in the TSP for as long as you can and use your partial, lump-sum withdrawal allowances and monthly payments to meet your cash needs.

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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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