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Allowed to roll TSP into more than one IRA account?

Category:

Thrift Savings Plan

In July 2017 I’m retiring, age of 58 under FERS, and I would like to roll my TSP into IRA accounts with different investment advisors. Can I do this?

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Posted by DJ (Questions: 2, Answers: 0)

Asked on June 27, 2017 6:59 pm

579 views

✔

Private answer

Yes, you can. On the withdrawal form (you would use the TSP-70 for a full withdrawal) you would select “single payment” and would have each advisor complete page 4, the transfer election. You want to be sure the amounts transferred add up to 100% of your account if you are doing a full withdrawal.

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