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Reply to "What is the deal with a Roth IRA?"
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[quote=Anonymous]I can see why conversion from a traditional to a Roth makes sense, although you'd have to look at how much to convert so you know you have the cash to pay the tax. To clarify on the TSP Roth though, you could put the entire $17,500 we're eligible to contribute this tax year (assuming no catch up contributions) into a Roth regardless of your HHI? And that's available to those with employer sponsored retirement plans (401k and TSP) but not IRAs?[/quote]
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