Not exact matches
If you
want to avoid being taxed on the entire rollover amount, you can
leave the
funds in TSP (provided the amount is
over the minimum) or roll the account
over to a Traditional IRA.
You'll also
want to have a sizable chunk of your retirement savings invested in stock and bond mutual
funds for growth so you can maintain your living standard in the face of rising prices (and, possibly, have something
left over to
leave to heirs, if you wish).
So if you
want to have maximum freedom in
leaving retirement
funds as you wish, consider saving in an IRA and rolling
over funds from your employer plan accounts into a Traditional IRA.
In fact, you can use your federal student loans however you
want as long as there are
funds left over after your schooling has been paid.
If I
want to use the MyWallet
funds I have
left over from a low fare guarantee or a canceled trip, we need to book through my account (or her account if she has the MyWallet
funds).