What Can I Do to Fix a Roth IRA Contribution When I Exceeded the Income Limitations?
Last year I contributed the max to a Roth IRA, but it turned out that my income was too high to contribute. Is it too late for me to fix this?
Q&A from FedSmith authors addressing readers’ questions. We share them here to help you with your federal career or retirement planning.
Last year I contributed the max to a Roth IRA, but it turned out that my income was too high to contribute. Is it too late for me to fix this?
With respect to the “best” date to retire, are there special considerations for law enforcement officers?
My Aunt Bertha died and left me a tidy sum as an inheritance. Can I deposit this money in my Thrift Savings Plan account?
My spouse is retiring and has over $300,000 in his 401(k) plan. How would he go about rolling this over to the TSP?
One of my co-workers said the $18,000 annual contribution limit to the TSP includes both his portion and the agency match. Is this a lost savings opportunity?
What penalties would I face if I retire at 62 years old but have less than 20 years in service?
I took the EPA’s VERA/VSIP offer and am wondering when to set the effective date of my retirement.
Can I be considered as a CSRS re-hire? If so, how will my previous CSRS time affect any retirement benefits to which I would be entitled eight years from now?
Are CD’s (Certificates of Deposit) a good investment option when planning for retirement?
Will working longer increase Social Security benefits? Here are some key points for federal retirees.