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Author: sdmuir Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121438  
Subject: Thrift Savings Plan Date: 11/24/2000 7:48 PM
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I was a federal employee and had a TSP divided between government and C fund (S&P 500). I am separating and will need to do something with the money which is approximately $43,000.

I am trying to find ways to avoid the IRS % penalties and asking for your advice.

1. Traditional IRA?

Can I transfer it into a traditional IRA, then withdraw with less penalty than if I took the whole payment out of the TSP without an IRA?

2. Are there IRA's linked with mutual funds?

Can I transfer the amount into this type of IRA and still withdraw with less percentage in penalty?

I will need an answer very soon as once they receive the separation code, the money is released.

Thanks
Susan
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