Skip to main content

Posts

Showing posts with the label tsprollover

Should you Rollover your TSP or Leave it?

To rollover or not rollover your TSP FinEd for Feds is dedicated to providing financial planning education that is relevant for U.S. Federal Government Employees. Federal Employee benefits are complicated yet extremely valuable. Our goal is to make your benefits easier to understand and explain how they integrate with other aspects of your financial life. Ultimately, we want you to be educated during your working years and to feel confident and empowered to retire comfortably from federal service. Discovery Wealth Planning LLC is a Registered Investment Advisor. We are fee-only, which means we do not sell products for a commission. We are also a fiduciary and we put client interests first 100% of the time. We offer one-time and ongoing financial planning engagements with a CERTIFIED FINANCIAL PLANNER™ for U.S. Feds. To learn more, please visit This channel is purely educational and should not be considered as financial, legal or tax advice. Discovery Wealth Planning LLC (“

Explaining Thrift Savings Plan Rollover: TSP Rollover Decoded

What are TSP rollovers - What is a TSP rollover? 1-800-566-1002 What are the best types of TSP rollovers and learn how you can avoid the most common mistakes that individuals have made when looking to rollover their TSP account into an IRA account. A TSP is a retirement savings plan for federal employees and members of the military. It allows you to save money for retirement while taking advantage of tax benefits. However, when you leave federal service or retire, you may want to roll over your TSP funds into an IRA to have more investment options and control over your retirement savings. Full control of investments: Rolling TSP funds into an IRA gives you more control over your investments. With the TSP, your investment options are limited to the funds offered by the plan. On the other hand, an IRA allows you to choose from a wider range of investments, including individual stocks, bonds, and mutual funds. More investment options: As mentioned, an IRA offers a wider

Does the Roth TSP have an RMD? - #FedRetirementWeekly Ep. 1

In today's video, I discuss whether the Roth TSP has an RMD and what happens with that RMD if you roll it over to a Roth IRA. FedSmith Article: -- ► Subscribe to My Channel Here: -- Cooper Mitchell helps federal employees better understand their benefits and helps them retire on their terms. Using financial planning and investment management through Cooper is able to tackle the issues that are unique to federal employees. Cooper is also a public speaker who is available for various federal conferences and events. Find Cooper here: Website: Work with Cooper: Facebook: Email: cooper@fedretirementplanning.com -- As always, enjoy, and please subscribe! -- © Copyright Fed Retirement Planning 2016, All Rights Reserved... ( 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 https://inflationprotection.org/does-the-r

TSP Rollover ***WARNING*** TSP rollover to IRA

TSP roll over – TSP rollover into IRA Review 1-800-566-1002 . Understand the most important topics regarding the pros and cons of thrift savings plan rollovers into an ira. Make sure to avoid the most common mistakes that cost individuals thousands of retirement dollars per year. Become educated with the best thrift savings plans rollover review. A TSP account is tasked as an individual account for retirement. The acronym itself stands for Thrift Savings Plan. A thrift savings plan allows an individual to save for retirement with a defined contribution method. Its structure is designed to mimic the form and function of a private sector 401(k). The account is issued by the Federal Retirement Thrift Investment Board and are available to US civil servants and members of the armed forces. Created by the Internal Revenue Code of 1954, the TSP can be funded with cash, cash equivalents, rollovers, transfers, or conversions of IRAs and other retirement accounts. There are 5 t