TSP additions


Q. Can I add lump sums of money to the TSP from any other source except my paycheck? If so, what are those sources? I am a current federal career employee.

A. You may transfer balances from certain other retirement plans (like 401(k) plans) and traditional IRA accounts as long as they contain only pretax money.


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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