Thrift Savings Plan Options: Super-Catch Up and Roth Conversions

How will upcoming changes to the Thrift Savings Plan (TSP) impact your retirement strategy? In this episode, John, Tommy, and Ben explore the evolving landscape of TSP, focusing on new contribution limits and in-plan Roth conversions. They emphasize the importance of a collaborative approach to financial planning, avoiding groupthink, and tailoring strategies to each client’s unique needs.

Listen in as they shed light on the government’s motivations and the potential tax implications for highly compensated individuals. This discussion highlights the necessity of understanding these changes' long-term impact and the critical role of professional guidance in maximizing benefits.

Access the transcript at: https://www.masonllc.net/blog.htm

--------------------
What you will learn:

• What sets Mason & Associates apart. (3:12)
• The value of collaborative financial planning. (6:00)
• Our deep passion for providing financial guidance. (8:30)
• Why younger generations should have a greater voice in these changes. (14:30)
• Maximizing every resource at your disposal. (18:00)
• The crucial role of professionals in ensuring mistake-free planning. (26:30)
• Key factors that determine whether a Roth conversion is right for you. (30:50)
• Why it's essential to choose your financial advice sources carefully. (36:30)


Ideas worth sharing:

• "We don't have to let perfect get in the way of good enough." – Mason & Associates

• "At the end of the day, it is not for us to always understand why things are the way they are. It's just to plan with the rules we have." - Mason & Associates

• "Ultimately, it’s not the tool itself that’s valuable, but the advice going into that tool that’s important." - Mason & Associates


--------------------
📹🎙️New Client Process and Experience
   • SPECIAL EPISODE: New Client Process & Clie...  

🤝Start Your Financial Plan
https://www.masonllc.net/Start-Your-F...

--------------------
Facebook:   / masonandassociatesllc  
LinkedIn:   / masonandassociatesllc  
Instagram:   / fedemployeefinancialplanning  
Website: https://www.masonllc.net
--------------------
Investment advisory services offered through Mason & Associates.

The content of these videos are for general educational and informational purposes only and should not be considered specific investment, financial planning, tax planning, legal, or other professional advice. To the extent any specific investment or strategy is discussed, please note that all investments and strategies involve risk that an investor must be prepared to bear, and that the past performance of a particular investment or strategy is not indicative of its future return potential.

Mason & Associates LLC does not control the content posted by third-parties to this page. To the extent that a third-party "likes," "recommends," "endorses," or otherwise posts a comment about Mason & Associates LLC on this channel, such opinions and comments should be solely attributed to their respective authors and should not be construed as a reflection of any client experience.