Timothy Sumer

Here's a quick explanation of the differences between traditional TSP or IRA and Roth TSP or Roth IRA. Traditional is where you get paid and you put it in a traditional retirement account , either TSP or IRA, before you pay taxes on it. You’re postponing taxes until later and then hopefully your account grows a whole bunch, and when you take a distribution in retirement, it's taxed at your tax bracket. With Roth, you’re gonna go ahead and pay the tax now and put in after tax money and then hopefully it grows, and at retirement you’re taking money out totally tax free. Roth IRA’s have the 2 rules of having a Roth IRA for five years and being over the age of 59 1/2 when you take out the gains. So which one is better? Well of course that depends on your situation. Check out our channel for more in-depth videos on tax planning and your retirement accounts. The information provided is not intended as tax or legal advice. Figures shown are for illustrative purposes only...

We provide benefit and retirement education to federal employees. Retirement Benefits Institute has trained over thousands of federal employees making it possible for many of these individuals to obtain personal consultation, assisting them in specific federal benefit planning to maximize their assets.... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing What is Roth TSP and Roth IRA? When it comes to retirement savings, there are several options available to individuals looking to secure their financial future. Two popular choices are Roth TSP (Thrift Savings Plan) and Roth IRA (Individual retirement account ). While both of these accounts offer tax advantages and are geared towards long-term retirement savings, there are some differences between them. Let's start with Roth TSP, which is a retirement savings...

#rbi #tsploans #fersretirement Ttsp loanshe Thrift Savings Plan (TSP) is a critical part of a successful retirement goal for FERS retirees. Understanding how to access your TSP in retirement is key, but you also have ways to obtain your funds while working. One way to retrieve TSP funds while employed is through TSP loans. As the name implies, a TSP loan is simply borrowing money from your retirement account . Before taking a TSP loan, the full impact of withdrawing retirement funds early should be considered. Retirement Benefits Institute has trained thousands of federal employees as they make plans for federal retirement. For more information about your federal retirement benefits, go to our website at to get support. The information contained in this video should not be used in any actual transaction without the advice and guidance of a tax or financial professional who is familiar with all the relevant facts. The information contained here is general in nature and i...

With the TSP Mutual Fund Windo, there are over 5000 funds you can choose from. But why would you choose to use it? There are several pros and cons. And that's what we're going to look at in today's video. If you need help managing your TSP... Managing your finances for your retirement... And you’ve got $400,000 or more already saved... Then please reach out to us at You can click "talk to an advisor." Or simply give us a call on the number on your screen. Make sure you leave a message so we can call you back The information provided is not intended as tax or legal advice. Figures shown are for illustrative purposes only furthermore, the information nor the illustrations provided may not be used to avoid any tax penalties. This content represents the general views of Christy Capital Management and should not be regarded as personalized investment advice Nothing herein is intended to be a recommendation. The opinions expressed are subject to...

The world of finance has a number of “four-letter words” that people consider dirty. Among them: Debt Loss Risk Loan But here we want to focus on another word—a longer word—used in financial planning that some people regard as especially bad. It’s the word “annuity.” Why do so many feel this way? And should they? Are annuities a bad idea? Or, are they a smart, conservative option for some people? Annuities Defined One definition of annuity is “a payment for the rest of your life.” Some federal employees, when talking about their pensions, will say, “I have an annuity.” Another definition of annuity could be “a bucket of assets that you have set aside in a conservative manner.” This would be an accumulation of assets that aren’t at any risk of loss due to stock market exposure. Here, we're going to be talking about that second kind—not the “income for the rest of your life” type of an annuity that federal employees have. Usually, people that have a pension, an...

Retirement Benefits Institute has trained thousands of federal employees as they make plans for federal retirement. For more information about your federal retirement benefits, go to our website at to get support. The information contained in this video should not be used in any actual transaction without the advice and guidance of a tax or financial professional who is familiar with all the relevant facts. The information contained here is general in nature and is not intended as legal, tax or investment advice. Furthermore, the information contained herein may not be applicable to or suitable for the individuals’ specific circumstances or needs and may require consideration of other matters. RBI is not a broker-dealer, investment advisory firm, insurance company, or agency and does not provide investment or insurance-related advice or recommendations. Brandon Christy, President of RBI, is also president of Christy Capital Management, Inc. (CCM), a registered investment...

Retirement Benefits Institute has trained thousands of federal employees as they make plans for federal retirement. For more information about your federal retirement benefits, go to our website at to get support. The information contained in this video should not be used in any actual transaction without the advice and guidance of a tax or financial professional who is familiar with all the relevant facts. The information contained here is general in nature and is not intended as legal, tax or investment advice. Furthermore, the information contained herein may not be applicable to or suitable for the individuals’ specific circumstances or needs and may require consideration of other matters. RBI is not a broker-dealer, investment advisory firm, insurance company, or agency and does not provide investment or insurance-related advice or recommendations. Brandon Christy, President of RBI, is also president of Christy Capital Management, Inc. (CCM), a registered investment...

#rbi #TSPwithdrawals FERSretirement Retirement Benefits Institute has trained thousands of federal employees as they make plans for federal retirement. For more information about your federal retirement benefits, go to our website at to get support. The information contained in this video should not be used in any actual transaction without the advice and guidance of a tax or financial professional who is familiar with all the relevant facts. The information contained here is general in nature and is not intended as legal, tax or investment advice. Furthermore, the information contained herein may not be applicable to or suitable for the individuals’ specific circumstances or needs and may require consideration of other matters. RBI is not a broker-dealer, investment advisory firm, insurance company, or agency and does not provide investment or insurance-related advice or recommendations. Brandon Christy, President of RBI, is also president of Christy Capital Management,...

#rbi #fersretirement #survivorbenefits Before a federal employee retires, they need to determine how much money they will leave a surviving spouse in the event of the employee's death. There are 3 options for survivor annuity. Before making an option, consider your and your spouse's overall income needs in your retirement planning . Retirement Benefits Institute has trained thousands of federal employees as they make plans for federal retirement. For more information about your federal retirement benefits, go to our website at to get support. The information contained in this video should not be used in any actual transaction without the advice and guidance of a tax or financial professional who is familiar with all the relevant facts. The information contained here is general in nature and is not intended as legal, tax or investment advice. Furthermore, the information contained herein may not be applicable to or suitable for the individuals’ specific circums...

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Want to speak with an advisor about your TSP or retirement? Visit and click "Talk with an Advisor." Ok...so a question we get a lot is, Can I do Roth inside of the TSP and do Roth outside in an IRA in the same year? Well, the answer to that is it depends. The Roth IRA and Roth TSP are under different rules. IRAs are subject to the IRS publication 590 and have a contribution phaseout. Whereas Roth TSP is subject to ERISA rules and it doesn't have income limits. So I’ll start with Roth TSP. Let's imagine that for 2023 that you’re going to be able to contribute $20,500 per year to the TSP if you are under the age of 50. If you’re over the age of 50, you’ll be able to contribute $28,000 to the TSP. Now all of that money can go to the Roth side if you want it to. There’s no income limit so the highest-paid federal employee can still do this. Keep in mind the match is gonna go to traditional, regardless of whether you select Roth or traditiona...

Retirement Benefits Institute has trained thousands of federal employees as they make plans for federal retirement. For more information about your federal retirement benefits, go to our website at to get support. The information contained in this video should not be used in any actual transaction without the advice and guidance of a tax or financial professional who is familiar with all the relevant facts. The information contained here is general in nature and is not intended as legal, tax or investment advice. Furthermore, the information contained herein may not be applicable to or suitable for the individuals’ specific circumstances or needs and may require consideration of other matters. RBI is not a broker-dealer, investment advisory firm, insurance company, or agency and does not provide investment or insurance-related advice or recommendations. Brandon Christy, President of RBI, is also president of Christy Capital Management, Inc. (CCM), a registered investment...

There are a number of options to maximize your TSP. We discuss how to maximize the matching funds from the Federal Government. We also discuss how to catch up if you are over 50 years of age. We also cover the Roth TSP and Roth IRA and how each may be beneficial in your retirement plans. Retirement Benefits Institute has trained thousands of federal employees as they make plans for federal retirement. For more information about your federal retirement benefits, go to our website at to get support. The information contained in this video should not be used in any actual transaction without the advice and guidance of a tax or financial professional who is familiar with all the relevant facts. The information contained here is general in nature and is not intended as legal, tax or investment advice. Furthermore, the information contained herein may not be applicable to or suitable for the individuals’ specific circumstances or needs and may require consideration of other ...

#rbi #manageyourtsp #reallocatefunds To reallocate funds tactically is to maintain a balanced approach. If the market surges and one of your investments is suddenly doing well, do you ditch your other investments and throw everything you have in that one basket? This generally is not a wise plan for long-term growth. The principle of “buy low, sell high” is a good rule for managing your investments. Retirement Benefits Institute has trained thousands of federal employees as they make plans for federal retirement. For more information about your federal retirement benefits, go to our website at to get support. The information contained in this video should not be used in any actual transaction without the advice and guidance of a tax or financial professional who is familiar with all the relevant facts. The information contained here is general in nature and is not intended as legal, tax or investment advice. Furthermore, the information contained herein may not be appl...

#comparefehbplans #fehbandmedicare #fehbrates As a federal employee, there are rules to consider for your Federal Employee Heath Benefit or FEHB. In this video we discuss employment timing, spousal continuance and costs. We also discuss Medicare and now that work with you FEHB. Retirement Benefits Institute has trained thousands of federal employees as they make plans for federal retirement. For more information about your federal retirement benefits, go to our website at to get support. The information contained in this video should not be used in any actual transaction without the advice and guidance of a tax or financial professional who is familiar with all the relevant facts. The information contained here is general in nature and is not intended as legal, tax or investment advice. Furthermore, the information contained herein may not be applicable to or suitable for the individuals’ specific circumstances or needs and may require consideration of other matters. R...

Retirement Benefits Institute has trained thousands of federal employees as they make plans for federal retirement. For more information about your federal retirement benefits, go to our website at to get support. The information contained in this video should not be used in any actual transaction without the advice and guidance of a tax or financial professional who is familiar with all the relevant facts. The information contained here is general in nature and is not intended as legal, tax or investment advice. Furthermore, the information contained herein may not be applicable to or suitable for the individuals’ specific circumstances or needs and may require consideration of other matters. RBI is not a broker-dealer, investment advisory firm, insurance company, or agency and does not provide investment or insurance-related advice or recommendations. Brandon Christy, President of RBI, is also president of Christy Capital Management, Inc. (CCM), a registered investment...