Return to Table of Contents TSP Definitions
TSP Definitions: Eligible Retirement

A "Traditional IRA" is an individual retirement account described at 408(a) of the Internal Revenue Code (I.R.C) or an individual retirement annuity described at I.R.C. 408(b).  (It does not include a Roth IRA, a SIMPLE IRA, or a Coverdell Education Savings Account (formerly known as an education IRA).)  An "eligible employer plan" includes a plan qualified under I.R.C. 401(a), including a 401(k) plan, profit-sharing plan, defined benefit plan, stock bonus plan, and money purchase plan; an I.R.C. 403(a) annuity plan; an I.R.C. 403(b) tax-sheltered annuity; and an eligible I.R.C. 457(b) plan maintained by a governmental employer.

 

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