You can convert your Thrift Savings Plan to a gold IRA. The Thrift Savings Plan or the TSP is a program from the government for federal employees or military member’s retirement.
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When you are considering to convert your Thrift Savings Plan to a gold IRA, there are two methods you can try. The first one is the Rollover. In this method, you will withdraw your fund from your TSP account and deposit the money into the IRA. Make sure that you mark your deposit not as a contribution, but as a rollover.

Another method is a direct method that will move your cash or TSP assets to the IRAs. In this method, you will not receive the money physically, but it will be directly moved to the new account. By using this way, you don’t have to be afraid of the 60-day-due-date.

Remember that you can have more than one IRA, which means you can divide your money to invest in several allocations. And for silver and gold investment, experts recommend giving at least 10% of the investment. When you convert your Thrift Savings Plan to a gold IRA, you better choose a respected yet well-known dealer.

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