Tag: IRA

Is it Wise to Suspend RMDs for 2020?

By on March 26, 2020 in Retirement with 0 Comments
Is it Wise to Suspend RMDs for 2020?

Congress has allowed the suspension of required minimum distributions (RMDs) for 2020 due to the coronavirus.

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Should You Roll Over Your TSP Into an IRA?

By on March 6, 2020 in Retirement with 0 Comments
Should You Roll Over Your TSP Into an IRA?

Should you roll your TSP into an IRA after you leave federal service? The author offers some pros and cons to consider.

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This D.C. Millennial Makes $81,000 And Has No Debt

on February 27, 2020 in Retirement with 0 Comments

This young federal employee lives in Washington, a high cost of living area, and not only has no debt, but is actively contributing to his future retirement savings via the Thrift Savings Plan and a Roth IRA.

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The SECURE Act of 2019 Means Big Changes to Retirement Accounts

By on January 10, 2020 in Retirement with 0 Comments
The SECURE Act of 2019 Means Big Changes to Retirement Accounts

The SECURE Act is a new law that has significant implications for retirement savings. Here are some key points to know about the new law.

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Here’s Why You Might Not Want to Move All Your IRA Money to a Roth

on January 5, 2020 in Retirement with 0 Comments

Before moving all your assets from a traditional individual retirement account to a Roth version, there are some tax considerations as to why you might want to leave some behind.

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6 Key Retirement Changes of the SECURE Act

By on January 2, 2020 in Retirement with 0 Comments
6 Key Retirement Changes of the SECURE Act

The SECURE Act recently became law and affects key components of retirement savings. Here are six important changes the law makes.

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2020 TSP Contribution Limits Announced

By on November 6, 2019 in Retirement with 0 Comments
2020 TSP Contribution Limits Announced

The IRS has announced the 2020 contribution limits for the TSP and IRAs.

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Financial Tips for Federal Employees and Retirees: October 2019

By on October 12, 2019 in Pay & Benefits with 0 Comments
Financial Tips for Federal Employees and Retirees: October 2019

These are some tips for federal employees and retirees regarding their pay and benefits.

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The Retirement Math Problem

By on August 8, 2019 in Retirement with 0 Comments
The Retirement Math Problem

Taxes are expected to rise as the government continues to increase spending. These are some tax planning strategies to consider to protect yourself now.

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Legislation Aims to Boost Americans’ Retirement Savings

By on May 15, 2019 in Retirement with 0 Comments
Legislation Aims to Boost Americans’ Retirement Savings

Many Americans do not save nearly enough for retirement. Two Senators want to change that.

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