Reply to Financial Advisor experience w/ federal pension

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is a great question.  We would like the same.

In answer to the PP:
the big questions are about timing, Roth conversion, keeping everything in the TSP vs moving it out.  So many possible scenarios in terms of retirement dates, especially given uncertainty and [b]it's easier to have the conversation with someone who understands the rules and considerations.[/b]   [/quote]

Roth conversion = camel's back period (i.e., between retirement and RMD)
Keeping it in TSP vs Moving it out = depends on what it is you are looking for that is not offered by TSP

I agree it's a lot easier to have the discussion with a live person but they usually charge pretty $$. [/quote]

I have pretty much decided I will roll over my TSP to Vanguard (no particular reason for V, but I have an account with them already--Schwab or Fidelity are other good choices):

1) TSP can't handle charitable donations from your RMDs. Donating this way reduces your income for tax purposes by the amount of the donation.
2) I want to split heirs on my savings, with one heir solely receiving the Roth portion. This isn't possible in the TSP.

Anther reason for rolling over that isn't mine: you can buy individual stocks or even crypto and aren't just limited to TSP funds

Reasons to not roll over:

1) You lose the G Fund. However, you can always choose to not roll over a certain portion and keep that portion in G. 
2) Low fees. But now, fees at Vanguard et al are almost as low.
3) If you plan on working after retirement and contribute to an IRA, you can't do a backdoor Roth without paying all the taxes on the non-Roth TSP you have rolled over to the IRA.

This may not be a complete list, but they are things I have thought of.[/quote]

Do [b]the tap Roth conversions[/b] that are new this year factor in? Does that provide anything that wouldn’t be available if I moved out?[/quote]

Don't know what this is referring to. Typo?[/quote]

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