Howdy folks,
I have a tsp account, and use it (and the G fund) for the bond portion (40%?) of my portfolio. For those of you who aren't familiar with the TSP, and the G fund, it has very low expenses (.033%?), and relatively high risk free returns (esp in a rising interest rate environment). When I retire, I've given some thought to rolling it over to a traditional IRA, and converting it in chunks to a roth IRA and paying taxes on it. I'm still 5-10 years out from retirement, but I want to think this over well before, as there's preparation that needs to be done if I decide to do this.
I don't want to get into a political debate here, but I think it's reasonable to assume that tax rates are historically low now, and will be higher in the future, given that the debt / deficit has to be reigned in at some point in the future right?
The g fund is a pretty good deal, and I'm conflicted as to whether it makes sense to roll it over into a roth or let it be. I know there are a number of retired feds on this board. What would you do?
I have a tsp account, and use it (and the G fund) for the bond portion (40%?) of my portfolio. For those of you who aren't familiar with the TSP, and the G fund, it has very low expenses (.033%?), and relatively high risk free returns (esp in a rising interest rate environment). When I retire, I've given some thought to rolling it over to a traditional IRA, and converting it in chunks to a roth IRA and paying taxes on it. I'm still 5-10 years out from retirement, but I want to think this over well before, as there's preparation that needs to be done if I decide to do this.
I don't want to get into a political debate here, but I think it's reasonable to assume that tax rates are historically low now, and will be higher in the future, given that the debt / deficit has to be reigned in at some point in the future right?
The g fund is a pretty good deal, and I'm conflicted as to whether it makes sense to roll it over into a roth or let it be. I know there are a number of retired feds on this board. What would you do?