Will You Be Required to Use the Roth TSP?
The author discusses a proposed change to TSP contributions under “SECURE Act 2.0” and a strategy he advises impacted federal employees to consider.
Roth
Navigate the complexities of Roth accounts within the federal retirement system. This section provides expert insights into the Roth TSP, Roth IRA conversions, and tax-planning strategies tailored for the federal workforce. Learn how to leverage tax-free growth to hedge against future tax hikes, understand the nuances of TSP to Roth IRA transfers, and determine if a Roth conversion makes sense for your FERS or CSRS retirement strategy. Stay updated on contribution limits and the five-year rule to ensure your retirement income remains tax-efficient.
“SECURE Act 2.0” Would Make Tax Changes in 2022 and Beyond
A bill dubbed “SECURE Act 2.0” is moving through Congress. How would it impact the finances of federal employees?
5 Most Common Retirement Regrets of Federal Employees
The author shares the five biggest regrets about retirement planning that federal employees have shared with him.
Are We Headed for a Recession?
Is a recession coming, and if so, what can federal employees do to prepare?
Why Aren’t Federal Employees Utilizing the Roth TSP?
These are some common reasons why federal employees fail to take advantage of the Roth option in the Thrift Savings Plan.
Why Most Retirees Overpay Taxes
Are you making these investing mistakes? They can potentially cost you more in taxes than you would otherwise have to pay.
Why Tax planning is SO important in Retirement
Proper tax planning is essential to make the most of your money in retirement. These are a few examples.
End-of-Year Financial Planning Strategies
The last quarter of the year is a good time to review your finances. These are some financial planning strategies to reduce taxes and prepare for the coming year.
Examining the TSP as an Income Stream
How your TSP produces income during retirement largely depends on the tax status of your TSP account.
What Should Federal Employees Do With the TSP After Retirement?
Federal employees have several options with respect to what they can do with their TSP accounts after they retire from federal service.
