Re: [TSPStrategy] Rollover to IRA from TSP -

Ummm, I beg to differ.  Via NO Cost to trade vehicles like a major brokerage house Schwab, Fidelity, et al., (I do not own stock in these companies)  you can buy shares in extremally low fee ETFs of the S&P, DWCPF, etc. at or below what TSP charges you.   And stay nimble, move/trade with no monthly restrictions like the TSP. On top of that you can set up account to always have liquid money market cash, (MMC) on hand for RMDs rather than TSP high handed requirement to sell from all your positions even if at a loss.  And the MMC, if invested in Govt  bonds, rivals the hyped G fund in return and safety.  And U can even by FDIC guarantied CDs.  I can buy a one year CD tomorrow and get 4.6%.  That is better than the G fund!  Once you are retired, move out of the TSP ASAP.

On Monday, December 26, 2022 at 12:40:04 PM EST, Del Brett <bretdelman@msn.com> wrote:

Been investing in TSP and lots of other places for years and you won't find a better deal than TSP in the long run for yearly fees and the other side of the TSP fence looks greener at times but its not!   Would dare you to show its better other places with Proof lol not going to happen as no one beats the fees even though people try to say they do.  Lots of new options are opening at TSP not saying they are a better deal.  Nothing is different at TSP when you retire other than you don't add your own money.  You are completely wrong on everything lol.

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From: TSPStrategy@groups.io <TSPStrategy@groups.io> on behalf of ShaneBro via groups.io <s.guy75=yahoo.com@groups.io>
Sent: Thursday, December 22, 2022 8:54 AM
To: TSPStrategy@groups.io <TSPStrategy@groups.io>
Subject: Re: [TSPStrategy] Rollover to IRA from TSP -

 

Once retired, TSP is an inefficient nightmare designed to make your life as complicated as possible.  Its a roach motel with few options and they don't want U to leave and have better opportunities elsewhere.

On Thursday, December 22, 2022 at 09:09:25 AM EST, Mermaid <mermaid99521@gmail.com> wrote:

Looking into moving 401K out of TSP to a self directed IRA and I am surprised of the method of which the money is delivered to the brokerage.... by USPS.  They will not even overnight the check.  Simple USPS from what I am told when I call TSP support.  Has anyone had experience with an in kind rollover to another brokerage.  Thank you.