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[TSP_Strategy] TSP Form 78 MONTHLY PAYMENTS MAINTENANCE

FYI for anyone thinking of taking money out of TSP to put into an IRA.

TSP Form 78 gives you an option to put part or all of your monthly
withdraw into an IRA see below.

"VII. YOUR TRANSFER ELECTION for traditional balance—After you complete
Item 15, take or send this page (including the instructions on the back)
to your financial institution if you are submitting new IRA or plan
information. Your IRA trustee or plan administrator must complete
Section VIII. You must submit the completed package in order for your
transfer to be processed. If you are only changing your transfer
percentage, but your IRA or plan information remains the same, leave
Section VIII blank. 15. Transfer .0% of the traditional (non-Roth)
portion of my payments to the IRA or plan identified in Section VIII, or
to my current IRA or plan."

This can be done anytime during the year. You can only change the amount
once per year but the amount going to your IRA as often as you like.

This could be used to dollar cost average your contributions to an IRA.

Gary






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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.
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Ditulis oleh: Andriansyah -

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