Advice on consolidating Military & Civilian TSP Accounts

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Mthorizon
Posts: 5
Joined: Tue Jan 03, 2017 12:04 pm

Advice on consolidating Military & Civilian TSP Accounts

Post by Mthorizon »

Hi all - hoping to pick your brains. I left active duty years ago and took a position with the Feds, so I have an old Military TSP account and a new, active, civilian TSP account. I just recently found out that I can combine my military account into my civilian account. So my question is - is there any benefit to maintaining the two separate accounts? Which is the better option - combining or not combining?


Mthorizon
Posts: 5
Joined: Tue Jan 03, 2017 12:04 pm

Re: Advice on consolidating Military & Civilian TSP Accounts

Post by Mthorizon »

Thankyou!

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ArrieS
Posts: 1072
Joined: Sun Aug 05, 2012 10:56 am

Re: Advice on consolidating Military & Civilian TSP Accounts

Post by ArrieS »

Something to consider is not keeping two, but also not rolling them together. I believe you can transfer the military TSP into an IRA.
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