Q: I am a federal government employee with Social Security. I have 35 years and plan to retire in 2015. What is your advice for our TSP? Is it better to roll it into another plan or to leave it in TSP and take an annuity?
A: Because I am a retired fed, rather than a financial planner, I do not give advice on whether or not to rollover your TSP. I fall back on the old HR comment of “it depends.” Both myself and other FedSmith authors have written articles that discuss the things you should consider in deciding whether of not to rollover your TSP. You can look in the “TSP” section in the drop down menu that appears when you click on “News” in the navigation bar at the top of the FedSmith.com website as well as use the search box at the top of any page on FedSmith.com to search for articles on this subject.
Agencies can request to have John Grobe, or another of Federal Career Experts' qualified instructors, deliver a retirement or transition seminar to their employees. FCE instructors are not financial advisers and will not sell or recommend financial products to class participants. Agency Benefits Officers can contact John Grobe at email@example.com to discuss schedules and costs.
© 2023 John Grobe. All rights reserved. This article
may not be reproduced without express written consent from John Grobe.
About the Author
John Grobe is President of Federal Career Experts, a firm that provides pre-retirement training and seminars to a wide variety of federal agencies. FCE’s instructors are all retired federal retirement specialists who educate class participants on the ins and outs of federal retirement and benefits; there is never an attempt to influence participants to invest a certain way, or to purchase any financial products. John and FCE specialize in retirement for special category employees, such as law enforcement officers.