START INVESTING FOR FREE: 📈 M1 Finance - Get FREE Audiobooks and 2 Audible Originals (and support this channel!) with a 30-day Free Trial of Audible: Subscribe for weekly finance videos: In this viewer requested video, I explain what the thrift savings plan (or TSP) is, I go over the investment options available in the TSP as well as the steps to roll the TSP over to an IRA after leaving the service. *Note: I do not have a TSP and all the information in this video is based on solid research and speaking to people who do have TSPs. Most of the information found in this video was taken from Ryan Guina's fantastic articles on militarywallet.com. The links to the specific articles are listed below: TSP Rollover Guide: Should You Rollover Your TSP to IRA (Pros and Cons): What Should You Do With Your TSP When You Leave the Service: More information on the TSP can be found on the TSP website: If you enjoyed this video you can check out some of my other videos at
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 :)