Should You take advantage of a Roth Conversion with Your TSP? скачать в хорошем качестве

Should You take advantage of a Roth Conversion with Your TSP?

Conversions of the Traditional portion of a Thrift Savings Plan to a Roth IRA may not work for everyone, but if done properly and at the right time, you could see more net income from your TSP in retirement. In this episode, we will discuss key points you should know before taking any actions and provide 3 strategies of when a Roth conversion may be best for you. Welcome to Financial Planning 4 Feds. We are dedicated to educating federal employees on how to maximize value from their government benefits by developing and executing a financial plan. In this episode we will go over: 3 considerations when comparing Traditional and Roth IRAs Key Points to know before you convert an IRA 3 strategies of when a conversion might be best for you 0:00 Intro 1:43 Why choose a Roth? 2:30 Key Points to know before you convert an IRA 5:49 3 strategies of when a conversion might be best for you Footnotes for: Roth Conversion at Retirement Strategy This example uses a base GS 13, Step 5 with no locality pay ($90,064). Calculations start at age 62 with a $250,00 investment. Distributions are 4% after tax figures beginning at age 65. Traditional IRA Returns are 6% representing a balanced portfolio and Roth IRAs at 8% representing a larger portion of growth investments. Footnotes for: Marginal Bracket Sweet Spot Strategy This example uses a base GS 13, Step 5 with no locality pay ($90,064). Calculations start at age 35 with a $250,00 investment. Distributions are 4% after tax figures beginning at age 65. Traditional IRA Returns are 6% representing a balanced portfolio and Roth IRAs at 8% representing a larger portion of growth investments. Footnotes for: Marginal Bracket Sweet Spot Strategy This example uses a base GS 13, Step 5 with no locality pay ($90,064). Calculations start at age 35 with a $250,00 investment. Distributions are 4% after tax figures beginning at age 65. Stock Returns are 8% and bonds at 4%. Both portfolios have a 50% stock and 10% bond crash in the 3rd year. Growth Portfolio is 75% stock and 25% bond. Planned Strategy is 25% bond and 75% stock before crash with 100% stock after crash. Federal employees and their spouses are invited to complimentary educational workshops covering their federal benefits. For details, visit: https://fedimpact.com/VWP Federal Benefit Resources: https://www.opm.gov/ https://www.tsp.gov/ https://www.myfederalretirement.com/c... https://www.myfederalretirement.com/ https://www.fedsmith.com/ Would you like to know more? https://www.valorwealthpartners.com/   / smithec     / valor-wealth-partners     / valorwealthpartners