Welcome to the forum.Hi, recently "DRP"ed fed, officially retiring at the end of the calendar year.
One administrative detail to consider is if you ever want to move your $$ out of TSP and into outside brokerage account (both traditional and ROTH) you will need to have established the outside accounts for at least 5 years. So if you are considering doing ROTH conversions outside of the TSP system, time is now to get a ROTH account set up now.
This doesn't sound right to me either. There should be no problem in opening a new tIRA and/or Roth IRA to receive a rollover or conversion from the TSP.
This is not to say that the entire TSP should be rolled over though...since withdrawal from TSP at age 57 would not trigger an early withdrawal penalty.
I'm wondering if you are referring to one of the 5 year clock rules that apply to Roth IRA.
Statistics: Posted by retiredjg — Sun Aug 24, 2025 8:37 am — Replies 20 — Views 2199