Thread: To Roll or Not to Roll

After listening to everyone and doing the little bit of reading, I am tempted to do a split scenario.

Leave enough in the tsp to generate enough earnings to get the amount of monthly payment I want, then put the rest in a self-directed IRA, some of which would be in safe funds and some in high dividend yield stock, and readily available in case of any emergency.

Thanks
GA

Originally Posted by GeorgiaGal

Who thinks, and why:

1. Better to leave balance in TSP, and elect monthly WD, and continue to manage the account among the funds according to your taste for risk.

2. Better to roll to a self-directed IRA, and select high dividend paying stocks, along with some safe funds.

Thanks
GA

That's a tough question. I'm eligible to retire in 15 months and leaning to keep funds in TSP, at least for a while, because:

1) Low administrative expenses, and
2) Security (perceived)
3) Less choices will reduce (my) temptation to trade more with other investment vehicles which may be more risky (e.g., stocks, actively managed mutual funds, etc.)

Ed

The limitation of only being able to readjust your monthly/yearly amount once a year is going to have to be revised. We should be able to adjust the amount anytime we feel it NECESSARY!

This is just more unnessary govt. regulation and control, and is similar in nature to having to wait 6 months, after you pay off a TSP loan, before you can get another loan....WHY!!!

It is our freaking money BTW!!! Who are they to limit OUR access to OUR money, inparticular after we retire.

Two more years and they can't go by fast enough for me!

anybody knows the age required for moving TSP money out to IRA account? ..and so many abbreviations JMHO,FIWI. in MB,then CRB what do they stand for?...CRB is used to monitor what aspect of the market? Thank you

CRB = Commodity Research Bureau. Monitor it for raw material costs to gauge inflation and price pass throughs. A reason to buy materials stocks.

A_G,

I've been operating under that plan for over a year, it works great!

If you perfer to manage your account thats the way to go!
If you want your account on autopilot there are the L-funds.
I just have an objection to the high expense ratios by other firms and or the non ability to move funds to a better position.

Spaf

Originally Posted by Aviator_Guy

I plan to use my TSP to supplement to my retirement income. I plan to have fixed monthly payments withdrawn from TSP. This will allow my retirement monthly income to match or exceed my fed monthly income after retirement. But at the same time, my TSP account balance will grow since the amount withdrawn doesn’t exceed my avgerage TSP account interest earned. A conservative figure would be 5 to 8 percent.

The TSP also allows you to adjust the monthly amount annually, so if your account balance is growing a lot faster in retirement than the amount withdrawn, you can adjust it up or down as needed. I have been maxed out in contributions to the TSP since it started. This makes retirement an easy option when I become eligible in 2013. Good luck with your TSP investing plan!

Originally Posted by Birchtree

CRB = Commodity Research Bureau. Monitor it for raw material costs to gauge inflation and price pass throughs. A reason to buy materials stocks.

Thanks Birch for responding.
DN

I will roll into an IRA account traditional and will trade the EFA which follow the I-Fund

Useful article on converting to Roth


http://tax.cchgroup.com/images/fot/J...bler-Bigge.pdf

Originally Posted by offtrack

Useful article on converting to Roth


http://tax.cchgroup.com/images/fot/J...bler-Bigge.pdf

You are now on my favorites list. Great Article!

http://finance.yahoo.com/focus-retir...nt-preparation