Search found 5 matches

by travelogue
Sun Aug 13, 2017 2:48 am
Forum: Investing - Help with Personal Investments
Topic: TSP only vs TSP and Vanguard IRA
Replies: 19
Views: 1076

Re: TSP only vs TSP and Vanguard IRA

OK, back after re-reading the posts above and a few more resources. We're definitely disqualified from deducting tIRA contributions based on income limitations . It seems that after I max the TSP at $18k (and $24k after 50), I'll need to calculate modified AGI to see if we're above or below the mAGI...
by travelogue
Sun Aug 13, 2017 1:59 am
Forum: Investing - Help with Personal Investments
Topic: TSP Allocation Strategy for the AGRESSIVE Investor
Replies: 36
Views: 2105

Re: TSP Allocation Strategy for the AGRESSIVE Investor

mckaydw wrote: ↑
Sat Aug 12, 2017 2:27 pm
Just put it all in L2050 and forget about it until retirement age.
I think this is a decent suggestion. You could do an interfund transfer of existing contributions to L2040 to protect principle and then pile new contributions into L2050 to buy into future dips.
by travelogue
Sun Aug 13, 2017 1:50 am
Forum: Investing - Help with Personal Investments
Topic: TSP only vs TSP and Vanguard IRA
Replies: 19
Views: 1076

Re: Why max TSP before outside IRA?

Can you fund both TSP @ $18k and a Roth @ $5,500? If so, you're good. If not, the advantage to funding a Roth is to "call dibs" in this tax-free space for further down the line. The usual advice, if you can't do both, is to fund your TSP to the match ($5%), then max out the Roth, then go back to TS...
by travelogue
Sat Aug 12, 2017 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: TSP only vs TSP and Vanguard IRA
Replies: 19
Views: 1076

TSP only vs TSP and Vanguard IRA

Is there a difference between $15k invested in pretax TSP vs $10k pretax TSP plus $5k Vanguard traditional IRA? (In both scenarios, the 5% TSP match is being met.)
by travelogue
Sat Aug 12, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: TSP only vs TSP and Vanguard IRA
Replies: 19
Views: 1076

Why max TSP before outside IRA?

Hi folks, Because of phase outs and desire to reduce taxable income today, I'm contributing to pre-tax "traditional" TSP (not "Roth") and have just opening a Vanguard traditional IRA. My question is, why is it better to max the TSP at $18,000 before starting on the $5,500 IRA limit? I know getting i...