Q. I retired from active duty in December 2011. I accepted an appointment to a government service position in October 2011 and established a FERS Thrift Savings Plan account. I did not move any of my TSP account balance accumulated during my time on active duty into my FERS TSP account, so I currently have two accounts. Am I eligible to take out a loan against the TSP account balance still residing in my [previously] active-duty account? If not, can I transfer all or part of my [previously] active-duty account into my FERS TSP account with the goal of taking…
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Q: In the article titled, “Make most of your TSP for 2010 retirement savings,” it is indicated that the maximum contribution for 2010 is $16,500. However, I thought the amount was lowered to $16,000 for 2010. Please clarify. A: On Dec. 1, the Thrift Savings Plan confirmed that the 2010 limit will be $16,500.