Thrift Savings Plan participants frequently ask questions concerning the relationship of their TSP accounts and Individual Retirement Accounts. There is unfortunately some misinformation about the TSP and IRA among TSP participants.
It needs to be emphasized that federal employees are eligible to contribute to both the TSP traditional and to a traditional IRA. This presentation discusses how traditional IRAs can help boost the value of a traditional TSP participant’s account while the participant continues working in federal service and after the participant has retired from federal service.
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