Dan and Katelyn discuss Roth TSPs, comparing them to Traditional TSPs and clarifying misconceptions about taxes, employer matches, and RMDs. They then cover key considerations for including cryptocurrency in estate planning, such as inventory, beneficiaries, and legal frameworks.
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The Fed15 Podcast: Roth TSP vs Traditional TSP & Crypto in Estate Planning
Dan begins by addressing common misconceptions about Roth TSPs, clarifying key points. He highlights the similarities between Roth and Traditional TSPs, particularly focusing on contribution limits and investment options. Then, he explores their key differences, tackling misconceptions around taxation, employer matches, and Required Minimum Distributions (RMDs). Dan also discusses the role of Roth TSPs in estate planning.
Next, Katelyn covers the topic of cryptocurrency within estate planning. She outlines the essential documents required for estate planning in general, then delves into specific considerations when incorporating crypto, such as maintaining a crypto inventory, designating beneficiaries, providing a guide of instructions, and addressing state and federal legal frameworks that must be considered.
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