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Should I roll private-sector accounts into TSP?

By Mike Miles on December 13, 2010 Uncategorized

Q: I am a new federal employee coming from a private-sector employer where I had a 401(k) and a 403(b) plan managed by ING. Should I roll these plans over into my Thrift Savings Plan retirement account? I also have another 401(k) plan managed by Merrill Lynch; should I roll that over ?

A: Yes.

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Mike Miles

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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About the 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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