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I had a TSP IRA from when I was active duty, it’s not a lot maybe 7k. I transferred it over to my bank when I left active duty since I couldn’t contribute to it anymore. Now that I am working the for Government as a GS, I have a TSP again with 5% match. Should I transfer those funds back into my TSP or keep two IRAs open?

I’m pretty ignorant (but am working on it) to finance. Will my IRA grow faster if it has a larger balance?

Lastly, since my TSP auto-deducts from my payroll and I’m putting in 6%, I can’t afford to contribute to my bank/non-tsp IRA.



Submitted April 18, 2019 at 10:35AM by fourfiguresalary http://bit.ly/2GsUyC8

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