Timothy Sumer

#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

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

#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

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

We’ve got a new webinar coming for you that’s all about the TSP: What’s new about the TSP? In reality, there is A LOT that’s new. They’ve redone their system. There’s a new mutual fund window. There are new ways to log in and access forms. We’re even going to look at some details about the C, S, and I fund and what’s actually in there. Needless to say, numerous things have changed so we’re going to go over them with you. And then, there’s going to be a discussion about “does it matter what you own?” The truth is, you don’t actually own the “C” fund or “S” fund. But with your funds, you own small portions of actual companies, so we want to discuss whether that even matters? The webinar is Tuesday, November 1st at 10:00 am EST. You can register at christycapital.com/webinar We hope to see you there! The information provided is not intended as tax or legal advice. Figures shown are for illustrative purposes only furthermore, the information nor the illustrati

The Thrift Savings Plan has updated its website. Have you used it yet? Is it more user-friendly or more confusing? And specifically, do you know how actually take withdrawals from the TSP? What are the rules? Potentially is there a better way to do it? Those are the questions we’re gonna answer. As always, we're here to help you take the confusion out of your retirement. If you'd like to talk with an advisor about your own financial future, then you can reach out to use at and click "Talk with an Advisor" Talk to you soon! 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 express

The Treasury has suspended investments in the TSP's G Fund recently, and it has caused panic among the federal employee community. In this video, Thiago Glieger discusses exactly what this means, why it happened, and what you should do about it. #retirementplanning #fersretirement #federalemployees OTHER POPULAR VIDEOS: [HOW TO PROTECT YOUR RETIREMENT PORTFOLIO] [REDUCE TAXES WITH THIS PERSONAL TAX GUIDE] [WHY FIDELITY IS WRONG ABOUT YOUR RETIREMENT] ----------------------------------------------------------------------------------------------------------------------- ►Visit our federal employee retirement website: ►If you're interested in setting a time to meet with Thiago Glieger, click here: ►If you'd like help from a team of Certified Financial Planner (CFP) professionals that specialize in working with federal employees, learn more here: -- Subscribe to TFC channel and click the Bell icon to be notified when we release new content. The Fed Co

G Fund transfers are the highest they've been in a long time. In this video, Thiago Glieger discusses how to best use the G Fund in from a financial planner's perspective. 📌Find out if you're on track to meet your financial goals: LINK TO FULL ARTICLE: ----------------------------------------------------------------------------------------------------------------------- ►To see more of our content, visit our website for federal employees here: ►Want to see more of our videos? Click here: ►If you'd like help from a team of Certified Financial Planner (CFP) professionals that specialize in working with federal employees, visit our website at -- Make sure you Subscribe to the channel and click the Bell icon to be notified whenever we release new financial strategies for federal employees. The Fed Corner is a purpose built channel of information and financial planning strategies specifically designed for Federal Employees. We talk about money, buil

Let’s say you have an inherited IRA, and you’re forced to take a required minimum distribution under the new 10-year rule from the secure act. What should you do with it? Today we're going over a tax planning idea. So let’s say that you have an inherited IRA. Under the new rules of the secure act, you must take a required minimum distribution during the first 9 years and a complete distribution in the 10th year. Keep in mind you cannot do a Roth conversion with an inherited IRA. But are there some other tax planning ideas you can do? What about this? What if you did a Roth conversion on your own IRA and chose not to pay the taxes out of the IRA money but instead used the required minimum distribution from the inherited IRA to pay the taxes on that Roth conversion Let’s go over an example. Let’s say you inherited a $200,000 IRA from someone who is not your spouse. You are required to take a minimum distribution in the first nine years and then take the full

#rbi #fersretirement #tsp 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

The SECURE Act "2.0" has finally been released and it brings some of the biggest changes and impact to retirees to date. In this video, Thiago Glieger discusses some of the most important changes that will impact retirees across the nation, and how you should be addressing each new change going forward. [HOW TO CREATE YOUR RETIREMENT PORTFOLIO] [REDUCE TAXES WITH THIS PERSONAL TAX GUIDE] [WHY FIDELITY IS WRONG ABOUT YOUR RETIREMENT] 0:00 Understanding the rule 1:10 Most anticipated change 1:49 RMD chart 2:21 Tax Planning Window 3:43 Penalties 4:29 Roth changes 5:18 529 changes 6:51 Spousal changes 9:19 IRA catch-up contribution 10:09 Roth RMDs 10:49 Roth matching contributions 11:29 $145K income and over restrictions 12:00 Catch-up for 60 and older ----------------------------------------------------------------------------------------------------------------------- ►Want to see more of our videos? Click here: ►Visit our federal employee retirement webs

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

In this video, Thiago Glieger discusses the top mistakes federal employees make with their TSP and portfolios during bear markets, as well as what you should be doing to avoid them. Articles mentioned in video: 10 FACTS ABOUT BEAR MARKETS: AVOID THE "G FUND TRAP": WANT TO SPEAK TO OUR PLANNERS? FULL ARTICLE: ----------------------------------------------------------------------------------------------------------------------- ►To see more of our content, visit our website for federal employees here: ►Want to see more of our videos? Click here: ►If you'd like help from a team of Certified Financial Planners (CFP) that specialize in working with federal employees, visit our website at -- Make sure you Subscribe to the channel and click the Bell icon to be notified whenever we release new financial strategies for federal employees. The Fed Corner is a purpose built channel of information and financial planning strategies specifically designed fo

In today’s video we’re gonna talk about the 12 states that won’t tax your retirement distributions or your pensions. Our goal is to bring you good financial planning information to help bring clarity to you and your retirement. One of the biggest line items in your budget that you need to work out in your retirement is paying taxes. If you could live in a state that does not tax your pension or distributions from 401(k) plans or IRA's, that would make the budget work out that much better. Let’s go over those states Now nine of the 12 states don’t tax retirement plan income simply because they don’t have any state income tax at all. Those states are Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Washington, and Wyoming. Now the following three states, Illinois, Mississippi, and Pennsylvania have income taxes, but they don’t tax distributions from 401(k) plans, IRAs, or pensions. In Alabama and Hawaii, they don’t tax pensions, but they do tax d