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Updated almost 5 years ago,
Can you transfer a TSP account in to a Qualified Retirement Plan?
I'm looking for information about whether you can rollover funds in a TSP into a QRP, while still working. I have only been working for the Federal government for the past year and a half, so it probably won't be anytime soon. I just wanted to know my options if I decided to do this in the future. Here are some questions:
1) If you are able to, once you roll over what your TSP savings into a QRP, can you sill contribute to the TSP?
2) If you use the funds in the QRP as a down payment on a BRRR property, I imagine you would need to return the funds when you cash-out refinance, but does the cash flow from the property have to go into the QRP. My gut is telling me it does.
I'm sure I'll have more questions, but I think answers for these will set the foundation for the next set of questions. Thanks in advance!!