What are TSP rollovers - What is a TSP rollover? 1-800-566-1002 What are the best types of TSP rollovers and learn how you can avoid the most common mistakes that individuals have made when looking to rollover their TSP account into an IRA account. A TSP is a retirement savings plan for federal employees and members of the military. It allows you to save money for retirement while taking advantage of tax benefits. However, when you leave federal service or retire, you may want to roll over your TSP funds into an IRA to have more investment options and control over your retirement savings. Full control of investments: Rolling TSP funds into an IRA gives you more control over your investments. With the TSP, your investment options are limited to the funds offered by the plan. On the other hand, an IRA allows you to choose from a wider range of investments, including individual stocks, bonds, and mutual funds. More investment options: As mentioned, an IRA offers a wider ...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)