I pln to retire in Mar '08-At 66 spouse 61. Should I roll over my TSP a/c to an IRA , VTOVX or buy an annuity? - tsp annuity
Stay away from rent for the love of God. Life insurance is also ..
Buy tax free municipal GNMA or something that has a debt and is safe. At your age, you do not need to risk ...
Wednesday, January 6, 2010
Tsp Annuity I Pln To Retire In Mar '08-At 66 Spouse 61. Should I Roll Over My TSP A/c To An IRA , VTOVX Or Buy An Annuity?
1 comment:
Some of the TSP funds are good for Dave Ramsey. Dave and I agree ... in income of any kind, the yield is poor, and if not done correctly, the insurance company pension, you keep the money you invest in when you die. If you are in a pension, you relinquish all control over this money.
My father bought an annuity in 2003 with a rate "teaser" that "was not bad" for this year. This year she received a notice that "reduced, due to market conditions, we intererst its rate to 2.0 percent." To break this bad choice cost him a fee of 6 percent of the money he gave them to surrender. ... Imagine it had to pay before to get their money. Maybe tell you why I think pensions are a bad deal.
Moreover, as it is deleted in question, you will see two "young", which means they have to plan several years. Nothing happens ... Me too.
I personally like the idea of IRA rollover somethings always understand on your existing FDA.The funds were in a traditional IRA before tax of the place? If yes, is a traditional IRA-Sinn. If the funds were deposited after taxes, then a reversal _investigate_ ROTH,
Depending on your tax situation when he can keep the transfer, conversion of funds, Roth IRA conversion. He works as an IRA, but no longer pay taxes on income in the coming years. If the funds were deposited before taxes, excluding tax on the transfer of each year, and later in the Fund. To do the right things, that the transfer affects a certain amount each year between retirement and full year 2010, Congress, unless. There are tax considerations to do so. Examine the numbers before doing so. Ask yourself what is my level of taxes this year? What will be next year and beyond.
See all IRA or Roth IRA are made in mutual funds. They have some diversification. Do not load everything into a single fund. I melt divided into about 6 or 8 different funds. These are my choice for you? Maybe ... can not dCcording tollere risk. What does "How much sleep at night?"
VTOVX had not been made and the relative index of Morningstar. You can do it better than the nominal risk fund. Do your homework on the Morningstar Web site for other funds, your risk tolerance.
Vanguard Target Retirement 2005 (Fund: VTOVX) said that in 2010, the funds are very similar to another offer Vanguard target retirement income (median VTINX) and could probably be summarized this fund. (Source: The Motley Fool)
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