Roll over or not?


Q. I have 21 years of service in a covered law enforcement position. I have been offered a job with a large government contractor. I am 53 years old. I also have purchased back eight years of military service. By reading thru your FAQs I see I can get the Social Security Supplement until I reach the age of 57. When I retire is it better to roll my TSP over into the new job’s 401(k), or leave it alone and simply start a new one with my new employer?

A. It’s hard to find a 401(k) plan that compares favorably to the TSP and, generally, I recommend that you keep your TSP account open for as long as possible, and transfer your 401(k) account assets into the TSP as they become available.


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 and view his blog at

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