Q. My wife recently retired from a state position. She was informed by her human resources/benefits office that she could roll over the balance of her 401(k) into my Thrift Savings Plan. Is this accurate?
A. Wrong! One spouse can’t combine their retirement plan assets with those of the other.
1 Comment
Since my wife is sick, she retired on disability. She has some money in her employer-sponsored 401k. Lately, she is losing money from it, based on wallstreet fluctuation. Can we transfer her 401k money into my (Federal employee) TSP, which is in G Fund?
Thanks.