Re: TSP, stung by participants who ...
Originally Posted by
dougscott
I agree ... but I think it's a tax thing ... you could consider incrementally converting it to a Roth. You will have to pay the tax, but you can leave the Roth, with all tax paid, to those you leave behind. At least that's what I understand.
What I understand and have considered doing as well. Whatever portion of the tsp distribution I don't need to spend in a given year, will be added to a Roth account to grow taxfree. I might need to spend the growth later myself, and if I don't, someone else in the family would get whatever's in the account. that's me being optimistic that there will be growth and that I wouldn't need it all myself before it's over.
"life can only be understood backwards, but it must be lived forwards" - soren kierkegaard
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