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codye  
#1 Posted : Monday, December 27, 2021 9:26:00 AM(UTC)
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I have a small IRA that makes very little and am wondering if it can be transferred into my TSP without a tax liability?

Edited by user Monday, December 27, 2021 9:27:03 AM(UTC)  | Reason: Not specified

someoldguy  
#2 Posted : Monday, December 27, 2021 9:48:18 AM(UTC)
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I did this with no tax liability. Make sure it is a direct transfer from the IRA to the TSP. There's a form somewhere on the TSP site. And in my case, the IRA did their part almost instantly while the TSP took at least at week to process it.
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codye on 12/27/2021(UTC)
roger.d  
#3 Posted : Tuesday, December 28, 2021 4:19:03 PM(UTC)
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Originally Posted by: codye Go to Quoted Post
I have a small IRA that makes very little and am wondering if it can be transferred into my TSP without a tax liability?


Does it make very little because it is small, or because it is invested in a poor mutual fund with high fees?

You could transfer it to Fidelity and invest in the same funds (except the G fund) at a lower cost than the TSP.

Your IRA would then make as much, on a percentage, as your TSP.

Edited by user Tuesday, December 28, 2021 4:19:54 PM(UTC)  | Reason: Not specified

Socialist governments traditionally do make a financial mess. They always run out of other people’s money. --Margaret Thatcher
roger.d  
#4 Posted : Tuesday, December 28, 2021 7:59:31 PM(UTC)
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www.bogleheads.org/wiki/Thrift_Savings_Plan

See item 2.1 for Vanguard/Fidelity equivalents to the TSP Funds. With a little more research, you could find similar funds at Schwab.

Edited by user Wednesday, December 29, 2021 11:52:51 AM(UTC)  | Reason: correct link

Socialist governments traditionally do make a financial mess. They always run out of other people’s money. --Margaret Thatcher
GWPDA  
#5 Posted : Wednesday, December 29, 2021 5:26:23 AM(UTC)
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Exactly the same way you'd transfer monies into any 401k. The information is found at https://www.tsp.gov/forms/tsp-60.pdf
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