Tag: Roth

Why Isn’t the Roth TSP More Popular?

October 21, 2020 1:44 PM
Why Isn’t the Roth TSP More Popular?

Data from the TSP show that the Roth option is far less popular than the traditional. The author discusses why this may be the case.

Continue Reading »

Why a Roth IRA May Be Right For You

July 13, 2020 2:32 PM
Why a Roth IRA May Be Right For You

Federal employees can have a Roth IRA in addition to the TSP. Here are the basics of how this retirement savings option works.

Continue Reading »

Will Federal Employees Really Have Lower Taxes in Retirement?

June 24, 2020 12:44 PM
Will Federal Employees Really Have Lower Taxes in Retirement?

Many federal employees assume they will be in a lower tax bracket in retirement. As the author explains, this may not be the case.

Continue Reading »

3 Things to Do With Your Extra Money

May 22, 2020 7:13 AM , Updated June 6, 2020 8:18 AM

The coronavirus has many federal employees working at home which could mean they have fewer expenses. These are some ways to put the savings to work.

Continue Reading »

Actions to Take in a Market Downturn

April 22, 2020 1:47 PM , Updated May 6, 2020 7:37 AM
Actions to Take in a Market Downturn

The stock market is off of its recent highs thanks to the coronavirus. What can you do to take advantage of the current situation?

Continue Reading »

The SECURE Act and What It Means to You

April 17, 2020 9:22 AM , Updated October 11, 2020 5:33 PM
The SECURE Act and What It Means to You

A new law that went into effect this year makes significant changes to retirement planning strategies.

Continue Reading »

What the Coronavirus Means for Your Money

March 20, 2020 7:28 AM , Updated March 30, 2020 7:45 AM
What the Coronavirus Means for Your Money

It can be frightening to watch the stock market drop quickly, but the author says it also presents some financial opportunities.

Continue Reading »

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

February 27, 2020 5:18 PM

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.

Continue Reading »

The Social Security Double Tax Bomb

February 4, 2020 1:11 PM , Updated March 18, 2020 4:44 PM
The Social Security Double Tax Bomb

As the author explains, federal employees who think their taxes will be lower in retirement could be in for an unpleasant surprise.

Continue Reading »

The Roth TSP and Other Forms of ‘Tax Insurance’

January 30, 2020 10:41 AM , Updated March 24, 2020 9:13 AM
The Roth TSP and Other Forms of ‘Tax Insurance’

The author says taxes could rise in the future, making traditional tax planning strategies less effective.

Continue Reading »

Top