In this episode, Dan Sipe & Ed Zurndorfer discuss the procedure to follow if someone isn’t named an eligible beneficiary. Along with how required minimum distribution works and the importance of transferring your ROTH TSP account to a ROTH IRA account before age 72.
Inheriting a retirement account can be tricky. There were options to withdraw money each year over your life expectancy in the past. Now, with the Secure Act 2.0, those options are gone. And what happens when you’re not the named beneficiary?
In this episode, Dan Sipe & Ed Zurndorfer discuss the procedure to follow if someone isn’t named an eligible beneficiary. Along with how required minimum distribution works and the importance of transferring your ROTH TSP account to a ROTH IRA account before age 72.
Dan & Ed discusses:
The FedLife Podcast is your in-depth, biweekly deep dive into the world of federal benefits and retirement planning. Hosted by federal benefits expert Ed Zurndorfer and Dan Sipe of Serving Those Who Serve, each 30-minute episode unpacks the complexities of FERS and CSRS retirement, FEHB and Medicare, survivor benefits, tax planning, and more. Designed for federal employees and retirees who want more than just the basics, FedLife goes beyond the headlines to explore the rules, nuances, and strategies that can make a meaningful difference in your retirement. Remember: it’s your Fed life, make it a great one.
The Fed15 Podcast is your weekly 15(ish)-minute briefing on federal benefits and financial planning, built specifically for federal employees and retirees. Hosted by Dan Sipe and Katelyn Murray of Serving Those Who Serve, each episode delivers clear, actionable guidance on topics like FERS and CSRS retirement, TSP strategies, FEHB, survivor benefits, tax planning, and more! Whether you’re five years from retirement or already there, The Fed15 helps you cut through the noise, avoid costly mistakes, and make confident decisions about your federal benefits.
