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Tax, SDIRAs & Cost Segregation
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Updated over 5 years ago on . Most recent reply
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Rolling TSP into SDIRA
Greetings,
I am asking if any investors out there who have rolled their TSP into an SDIRA account. I do not have the clear guidelines as to whether or not it can be done. I sent TSP an inquiry regarding this matter, asking if their support team can point me in the right direction.
If anyone has done it, how was it done successfully?
V/R,
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Yes I have done it and no it is not a taxable event. All you are doing is rolling it over from one type of qualified retirement plan to another. When you talk to TSP just make sure you say it is a rollover conversion, not a withdrawal (that goes for any plan that you attempt to rollover).