Re: [TSPStrategy] Can us Feds do a backdoor Roth conversion?

What is the advantage in putting the money in a traditional account and then converting it immediately to a Roth? Why not contribute directly to the Roth? 

On Wed, Sep 29, 2021 at 9:38 PM Smooth1_2u via groups.io <Smooth1_2u=yahoo.com@groups.io> wrote:
Main thing to accumulating wealth is maxing out your TSP, then create a Traditional IRA and then Roth IRA. Put in some money (I.e. $500/month) in your Trad IRA, and then a week after, move those funds over to your Roth IRA.

if you contact your brokerage like Etrade, Vanguard, or TD Ameritrade, they will help you with the process. There's couple things I wish we could do with the TSP,  but it's all good.

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