u/poopydooper3000

Retirement consolidation - TSP/IRA plan

I am looking to consolidate my current UBS RMA and traditional IRA to my newer TSP account. My understanding is that this is possible only via rollover *from* the IRA to TSP, within the annual IRS *contribution limits*, and with funds that have resided in the IRA for *at least one year*. Please correct any errors.

My main areas of question are how this may in turn benefit my tax returns. Am I incentivized fully by moving the funds as quickly as allowed (given the balance of the RMA exceeds the annual contribution limit; also given my TSP's generally stronger performance and lack of fees), or are there limitations in respect to my income/etc? Please let me know any thoughts or corrections, or of course any other considerations I should be making.

reddit.com
u/poopydooper3000 — 15 hours ago
▲ 3 r/TSPStrategies+1 crossposts

Retirement consolidation - TSP/IRA plan

I am looking to consolidate my current UBS RMA and traditional IRA to my newer TSP account. My understanding is that this is possible only via rollover from the IRA to TSP, within the annual IRS contribution limits, and with funds that have resided in the IRA for at least one year. Please correct any errors.

My main areas of question are how this may in turn benefit my tax returns. Am I incentivized fully by moving the funds as quickly as allowed (given the balance of the RMA exceeds the annual contribution limit; also given my TSP's generally stronger performance and lack of fees), or are there limitations in respect to my income/etc? Please let me know any thoughts or corrections, or of course any other considerations I should be making.

reddit.com
u/poopydooper3000 — 16 hours ago
▲ 3 r/USPS

Hello, I recently changed crafts from City Carrier to Maintenance/MM7. Is anyone familiar with how and when my uniform allowance will be carried over? My supervisor and steward are not familiar with this situation so can only tell me to "wait and see."

1.) my prior anniversary date (from carrier assignment) is in October, while my seniority date for maintenance is now in April. Will I be assigned a new anniversary date?

2.) I still have a balance of about $185; will this total be rolled over or can this only be applied to carrier uniforms? (note; as of writing, "carrier" is still noted in my eOPF, with no clear indication from HR when this will be updated)

reddit.com
u/poopydooper3000 — 24 days ago