Roth Accounts: TSP versus IRA, or Both?

June 6, 2016

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This week on For Your Benefit,  Bob Leins welcomes Dave Redden, Federal Benefits Specialist to the studio.  Bob and Dave will discuss the basic difference between a Roth and a traditional TSP and or IRA. They use this basic understanding to help describe the advantages and caution points of each.

Monday’s discussion will be help you understand:

  • What are the advantages and disadvantages of each?
  • How timing will impact your participation in the Roth TSP and why?
  • How a Roth IRA contribution can currently be made even if your income is too high (commonly referred to as a “Back Door Roth”).
  • How and why would a Roth IRA be beneficial after retirement?
  • Are there any possible rule changes that could affect your Roth accounts and future opportunities?

Topics: Sponsored Content, TSP, retirement, For Your Benefit, Bob Leins, NITP, WAEPA, Roth IRA, financial planning, Account, Roth TSP, IRA, Back Door IRA, tsp options, fyb

 

 

 

 

 

 

 

 

Sponsored by: 

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For Your Benefit, Mondays, 10 a.m.

Host Bob Leins and presenters from the National Institute of Transition Planning, the federal leader in retirement planning seminars, take your calls and emails every Monday. Each week, the show focuses on a specific area of retirement planning from financial security, taxes, federal benefits and estate planning, to life after retirement. Email your questions or call the show at 202-465-3080. Listen live!

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