Rolling A Thrift
Curt and his wife were with the military, and have a nice thrift savings plan built up. Should they move it elsewhere?
QUESTION: Curt and his wife are retired military. They have $233,000 in a thrift savings plan and don’t know what to do with it.
ANSWER: Roll it to an IRA and good growth-stock mutual funds with at least a 10-year track record in growth, growth and income, aggressive growth and international funds. They are all down right now, so it’s an excellent time to buy. You then can control your money. Any time you leave a company, always take your retirement with you and manage it for your own control.