I'm 35, and have left federal service since 2003. Trying to determine the best way to distribute money in order to better diversify my return. If you left 4 years ago, where is the money now? Can you safely take it out without a penalty? If it is still invested in the Federal TSP will they allow you to take it out now, after 3 years. When I left, we had the option of taking it out or keeping it in. Left it and never received the option again.
There are so many options, it depends on the amount and your level of risk.
Roll over into a tradition or Roth IRA. There are some that invest in mutual funds, others allow you to invest in individual stocks. There are other options beside IRAs. It is best to speak with an investment counselor that gives you general advise and not one trying to sell you stuff.
Also go online and research the options.
Good luck |
