TSP In-Plan Roth Conversions w/ Rob Moore

<p>Join us as Rob Moore from Everman Wealth and Prosperity discusses the ins and outs of in-plan Roth conversions within the TSP. Learn who should consider this strategy, the tax implications, and how to navigate the complexities for optimal retirement planning.</p><p><br /></p><p><strong>Key Topics</strong></p><ul><li><p>In-plan Roth conversions within the TSP</p></li><li><p>Tax implications and planning for Roth conversions</p></li><li><p>Strategies for filling tax brackets and managing RMDs</p></li></ul><p><strong>Chapters</strong></p><ul><li><p>00:00 Introduction to TSP In-Plan Roth Conversions</p></li><li><p>04:13 Understanding Traditional vs. Roth TSP Accounts</p></li><li><p>07:00 The Mechanics of Roth Conversions</p></li><li><p>09:57 Tax Implications of Roth Conversions</p></li><li><p>12:53 Strategizing Roth Conversions</p></li><li><p>16:00 Roth Conversions During Deployment</p></li><li><p>19:07 Roth Conversions for Military Retirees</p></li><li><p>21:50 State Tax Considerations for Roth Conversions</p></li><li><p>24:56 Framework for Deciding on Roth Conversions</p></li><li><p>28:56 Tax Rate Arbitrage and Roth Conversions</p></li><li><p>31:24 Diversification Among Account Types</p></li><li><p>32:20 Tax-Free Gifts to Heirs</p></li><li><p>33:21 Understanding Marginal vs Average Tax Rates</p></li><li><p>37:42 The Five-Year Rule Explained</p></li><li><p>43:35 Cash for Tax Payments on Conversions</p></li><li><p>49:28 Scenario Analysis for Roth Conversions</p></li><li><p>51:20 Key Takeaways on Roth Strategies</p></li></ul><p><br /></p><p>Rob's Website - <a href="https://www.prosperwitheverman.com/" rel="ugc noopener noreferrer" target="_blank">https://www.prosperwitheverman.com/</a></p><p> </p><p>Rob’s Podcast – The Fiscal Foxhole – Find it on your favorite podcast app</p><p><br /></p><p>Operation Retirement Readiness:  <a href="http://www.operationretirementreadiness.com" rel="ugc noopener noreferrer" target="_blank">www.operationretirementreadiness.com</a></p><p><br /></p><p>Schedule a consultation with Mike: <a href="https://nextmissionfinancialplanning.com/contact/" rel="ugc noopener noreferrer" target="_blank">https://nextmissionfinancialplanning.com/contact/</a></p><p> </p><p>Schedule a consultation with Amy: <a href="https://www.instarfp.com/contact" rel="ugc noopener noreferrer" target="_blank">https://www.instarfp.com/contact</a></p><p><br /></p><p>Disclaimer: This podcast represents the views of the hosts and any guests. It is for informational