TSP and divorce

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Q. In a FERS TSP divorce division, am I correct the formula is to subtract the years of marriage from years of service and compound interest? My spouse says compound interest must be subtracted, but the TSP office states there is no compound interest.

A. The account will be divided in accordance with the court order. You’ll find information about divorce and the TSP in the booklet at https://www.tsp.gov/PDF/formspubs/tspbk11.pdf.

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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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