Retired feds often have a ten-year-plus window to complete Roth conversions between retirement between 60-62 and taking Social Security at 70 or worst case when required minimum distributions kick in at 73 or 75. Just withdrawing any TSP funds before taking social security helps with the RMDs.
Retired feds often have a ten-year-plus window to complete Roth conversions between retirement between 60-62 and taking Social Security at 70 or worst case when required minimum distributions kick in at 73 or 75. Just withdrawing any TSP funds before taking social security helps with the RMDs.
The big one you missed is how your tax bracket changes when a spouse passes away and now you are filing single with those RMD's.