Unraveling the Mysteries of Roth TSP
The author shares her opinion about the Roth TSP as well as some frequently asked questions and answers about it.
Roth
Answering a Few Frequent Questions About a Roth TSP Account
Are you considering utilizing the Roth option in your TSP? Here are answers to a few frequent questions from readers about how the Roth option will work.
Roth Option Available in May for TSP Investors
When will the Roth option be available for TSP participants? For most readers, the start date will be May 7, 2012.
The TSP Two-Step
The author outlines some methods you can use to determine if the upcoming Roth TSP option is right for you and your situation.
Is the Roth TSP Right for Me?
The author outlines the similarities and differences between the Roth TSP and the traditional TSP to help participants understand if the new Roth option is right for them.
Considering The New TSP Roth Option
The TSP will begin offering a Roth option in during the second quarter (April – June) of this year. The author provides some considerations for investors when deciding whether or not to utilize this new option in their TSP accounts.
Using the CSRS Voluntary Contribution Program to Max-Fund a Roth IRA
Do you make “too much money” to qualify for a Roth IRA? CSRS and CSRS Offset federal employees have a unique benefit that can be used max-fund a Roth IRA.
Mistakes to Avoid with Roth Conversions
Should you do a Roth conversion to take advantage of the current tax rates which may be lower now than they are likely to be in the future? It may be a good idea but check out the details before you take action as your tax bill may be higher than you think.
Implementing a Roth Retirement Plan for Federal Employees
Are you interested in a new program that may enhance your future retirement? Back in June 2009, legislation was passed authorizing creation of a Roth plan using after-tax salary into an account that will grow without any additional tax liability on future earnings. That option is now being implemented.
Is 2010 Last Chance for Roth Conversions? Maybe…Maybe Not…
What if you can’t convert to a Roth IRA in 2010? Is 2010 really your last chance? The key to good tax planning is a future-orientation. You want to be asking the question, what can I do to lower my taxes in the future?