Moving funds between G,S, etc.

[caribenow1]

I am planning on retiring at the end of July and just wish to know if it is still possible to do transfers between the funds after retirement, from one to another?

[gucindy]

Yes you can still move your money around. You just can't contribute anything more - when not an active federal employee with earned income.

https://www.tsp.gov/planparticipation/i ... IFTs.shtml

https://www.tsp.gov/planningtools/livin ... tion.shtml
"Remember, after you leave Federal service, you will not be able to continue making contributions to your TSP account. However, you will be able to use interfund transfers to redistribute the money that is in your account among the available fund options. "

[jp1450]

I retired in June 2012 and left my nest egg in the TSP. Although I cannot add funds, I still actively trade within my account. Also, I believe the costs to maintain are significantly less than if you transferred to an IRA or other fund.

[Jock14]

... I believe the costs to maintain are significantly less than if you transferred to an IRA or other fund.

Our fees for TSP are redicuously low. What is it, like $.27 per $1,000 per year? (Obviously there are more fees, but they are rolled into the prices of the funds available to us).

This is extremely cheap compared to many places ("IRA or other fund"), but the options available (10 accounts, 2 IFTs) reflect that as well...

[brehm1]

I was told you can create a traditional IRA after retirement add money to it and roll over to the TSP. Is that not correct. Only problem with creating a new IRA on the outside is the limits based on income.

[ralpharch]

I was told you can create a traditional IRA after retirement add money to it and roll over to the TSP. Is that not correct. Only problem with creating a new IRA on the outside is the limits based on income.

As a retiree or a worker you can direct transfer (or rollover but taxes will be withheld so IMO a rollover is worse than a direct transfer). See TSP Form 60 for the limitations and rules associated with such transfers, which include IRAs, simple IRAs and Eligible Employer Plans (whether tax-deferred or roth makes a difference)