TSP and gold

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Q. Please explain these ads stating that you can convert your TSP retirement account over to gold. These ads are stating they have been approved by Congress. If true, would it be a wise thing to do?

A. I have no idea what ads you’re referring to, but gold is not definitely not an investment option in a TSP account.

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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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