TSP funds after retirement


Q. What is your advice regarding TSP funds after retirement? I am 70 years old with 40 years of service. I will retire within the next 15 months. Do you suggest I leave my funds in the TSP or it is more advisable to roll them over into an annuity or an IRA?

A. In general, I recommend that anyone with a TSP account leave as much money as they can in that account, for as long as possible. You are unlikely to find a better vehicle for investing for retirement income.


About Author

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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