Retirement consolidation - TSP/IRA plan
I am looking to consolidate my current UBS RMA and traditional IRA to my newer TSP account. My understanding is that this is possible only via rollover *from* the IRA to TSP, within the annual IRS *contribution limits*, and with funds that have resided in the IRA for *at least one year*. Please correct any errors.
My main areas of question are how this may in turn benefit my tax returns. Am I incentivized fully by moving the funds as quickly as allowed (given the balance of the RMA exceeds the annual contribution limit; also given my TSP's generally stronger performance and lack of fees), or are there limitations in respect to my income/etc? Please let me know any thoughts or corrections, or of course any other considerations I should be making.