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 Post subject: Rollover TSP to Roth IRA
 Post Posted: Fri Sep 14, 2018 11:44 am 
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My spouse and I have been retired 5 years. We are 64 years old. I am CSRS and she is CSRS-Offset. We have about 275K combined (185K/90K) in our traditional TSP accounts. Wondering about the feasibility of a rollover of our TSPs into Roth IRAs. We both currently have Roth IRAs with Vanguard. I know we would have to pay taxes on this money. We are in the 22% tax bracket with about 95K yearly in taxable income jointly. The upper limit of the 22% joint tax bracket is 165K. So, in theory, I believe we could rollover about 70K while remaining in the 22% bracket. This, of course would generate an additional 15K or so in taxes. If we were to do this for 4 or 5 years we could have entire TSP in our Roth IRAs. A couple reasons: 1). I really don't anticipate "needing" the TSP money and would like to avoid having to take the RMDs at age 71. 2). If and when the tax cuts expire, we could very well end up in a higher tax bracket down the road when RMDs would kick in. Wondering if anyone else has done this or considered it. Smart or dumb???


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AGG (F Fund)
iShares Lehman Aggregate Bond (AGG)

S&P 500 (C Fund)
S&P 500 INDEX,RTH (^GSPC)

DWCPF (S Fund)
Dow Jones U.S. Completion Total Stock Market Index (^DWCPF)

EFA (I Fund)
iShares MSCI EAFE Index (EFA)