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Thread: Regular rollovers into TSP

  1. Question Regular rollovers into TSP

    I have a question about regular periodic rollover from a eligible account into TSP.

    First some background. I am a current Federal employee currently contributing to the TSP. As much as I like it I am looking for a position outside Federal service, but I love the TSP and want to continue putting money into it. Now according to TSP.gov, you can still move money from eligible accounts into TSP even if you are separated from Federal service.

    Is there anything that would prevent me from basicly funneling money into the TSP 26 or 12 times per year? In effect, can I make a "contribution" and not be a current employee using this method?


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  3. #2

    Join Date
    Feb 2007
    Location
    San Diego, CA
    Posts
    6,999

    Default Re: Regular rollovers into TSP

    Quote Originally Posted by matrix452 View Post
    I have a question about regular periodic rollover from a eligible account into TSP.

    First some background. I am a current Federal employee currently contributing to the TSP. As much as I like it I am looking for a position outside Federal service, but I love the TSP and want to continue putting money into it. Now according to TSP.gov, you can still move money from eligible accounts into TSP even if you are separated from Federal service.

    Is there anything that would prevent me from basicly funneling money into the TSP 26 or 12 times per year? In effect, can I make a "contribution" and not be a current employee using this method?
    You would have to initiate a transfer from the qualified account to the TSP account 26/12 times a year, you will not be able to directly contribute. Must be a qualified rollover. Hope this helps.
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    Check my position

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  5. Default Re: Regular rollovers into TSP

    That, I understand. I was wondering if there were any limits on the number of rollovers per year or something else that would prevent me from doing this?

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  7. #4

    Join Date
    Feb 2007
    Location
    San Diego, CA
    Posts
    6,999

    Default Re: Regular rollovers into TSP

    Quote Originally Posted by matrix452 View Post
    That, I understand. I was wondering if there were any limits on the number of rollovers per year or something else that would prevent me from doing this?
    Nope!
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    Check my position

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