Hello!
I am consolidating/rolling over investment programs from previous jobs. I know the main thing I need to do is ensure there aren't any fees associated with doing so. I have one 401k from my last job with about 13k in it. I also worked for a government entity for a few years a while ago and still have about 6k sitting in a TSP account there.
I am going to roll over the 401k from the last job, but I have no clue what to do with the TSP account. I was young when I was contributing so it is not diversified (just sitting in the general fund) and I am not sure about the benefits to TSP anymore as I haven't stayed on top of it. I honestly forgot I even had the money there for a while until recently.
Is there any reason at all to leave the money in the TSP instead of rolling it into my current 401k? I thought about just throwing it into some of the riskier funds and seeing what happens with it. I didn't know if there was any big reasons I should not transfer all the money and close it down, as in- is there any benefit to keeping the TSP open and/or contributing to it out of pocket vs my current 401k or other investment accounts?
Submitted April 09, 2018 at 01:50PM by Jaqwire https://ift.tt/2qhWtBh
