Using TSP for Self directed IRAs

[Kimberly Green-Goldsborough]

Does anyone have knowledge or experience with converting/transferring Federal governments Thrift Savings Plan (TSP) accounts funds to a self directed IRA?

[Brian Eastman]

@Kimberly Green-Goldsborough

Assuming you are no longer employed with the agency sponsoring the TSP, you can rollover to any qualified retirement plan such as an IRA or 401(k).

A self-directed IRA will provide the advantage of being able to invest in non-traditional assets such as real estate. We have helped hundreds of clients move from a TSP into a self-directed IRA.

The conversion itself is very simple.  Helping you to understand the flexibility and limitations that come with using a self-directed retirement plan to invest in real estate is the bigger issue, and will vary considerably based on what kinds of investments you look to engage in.

There are a lot of good threads here in the BP forums on the topic, and you will be able to pretty quickly identify those plan providers who take the time to thoughtfully contribute to the community.  Make calls to a few and your learning curve will ramp up pretty quickly.