AboutBruce Julien Expertise I can answer questions on and raise issues clients overlook in the areas of Estate Planning as far as taxes and distribution flow problems, Asset Management as far as appropriateness of assets and allocations for a desired goal and the value a consumer gets for their costs, Tax Planning related to Income and Estates, and Insurance/Annuity questions particularly in light of suitability to the consumer.
Experience I became a CPA in 1991 and began offering financial advice in 1992. I am a Registered Investment Advisor which means I sign off on putting clients' interests first in a fiduciary role.
Education/Credentials BA in Accounting, University of Maryland 1990
Question I've been cleared to make a voluntary contribution to my csrs retirement with after tax money. Can I rollover the total initial contribution into a Roth IRA in 2010 and avoid all taxes? Can it be a new Roth or must it be an existing Roth? I would put the accrued interest into my thrift savings. Thanx!!!
Answer Earl
Not familiar enough with the CSRS to say. Anyway you have to be able to roll over, and if you are still in service I assume you can't roll over. Excellent idea; ask someone at the plan.
If you can do it, it can be any Roth you want. It isn't that you are avoiding all taxes, it is that you can spit taxes due over two years. Of course in this case you have after tax contributions so nothing would be due except accrued interest from cont date to rollover date.
