Q. I have 21 years of service in a covered law enforcement position. I have been offered a job with a large government contractor. I am 53 years old. I also have purchased back eight years of military service. By reading thru your FAQs I see I can get the Social Security Supplement until I reach the age of 57. When I retire is it better to roll my TSP over into the new job’s 401(k), or leave it alone and simply start a new one with my new employer?
A. It’s hard to find a 401(k) plan that compares favorably to the TSP and, generally, I recommend that you keep your TSP account open for as long as possible, and transfer your 401(k) account assets into the TSP as they become available.
