Roth In-Plan Conversions for TSP to Begin in Late January 2026
New Roth In-Plan Conversion Options for TSP Participants Starting in late January 2026, participants in the Thrift Savings Plan (TSP) and their spouse beneficiaries will have the option to convert funds from traditional TSP accounts to Roth accounts. This process is known as a “Roth in-plan conversion.” When converting from a traditional to a Roth […]
Crowded churches and rising conversions: Is New York experiencing a revival of Catholicism?
Stabilization of Christian Population in the U.S. The trend of declining Christianity in America seems to have hit a pause, with about 60% of Americans now identifying as Christian, according to data from the Pew Research Center. Among these, 40% are Protestants, 19% are Catholics, and the remaining 3% belong to various other Christian groups. […]
Catholic conversions are rising as New Yorkers seek support from the church, according to priests.
In New York City, young people often seek out careers, material success, and pleasure. Surprisingly, the pursuit of faith isn’t usually part of that journey. However, during a recent crowded Sunday Mass at St. Joseph’s Church in Greenwich Village, Father Jonah Teller, OP, noted that there’s a shift happening. Teller highlighted that enrollment in the […]
How Roth conversions might reduce Trump’s $40,000 ‘SALT’ deduction for high earners
Trump to Sign “One Big Beautiful Bill Act” on July 4, 2025 US President Donald Trump is set to sign the Sweep Expenses and Tax Act, informally referred to as the “One Big Beautiful Bill Act,” at the White House in Washington, DC, on July 4, 2025. Conversions of Roth Personal Retirement Accounts have gained […]
NYC could gain over 17,000 additional apartments from conversions
New York City might find a solution to its housing shortage in an unexpected place: unused office buildings. A recent report issued by Secretary Brad Lander suggests that the initial wave of converting offices into residential spaces—triggered largely by vacancies during the pandemic—could yield approximately 17,400 new apartments from 44 different projects. These conversions, which […]
Commercial building to apartment conversions rose 17 percent last year: report – The Hill
Adaptive reuse projects, such as converting old hotels or vacant offices into apartments, are on the rise. According to a report by RentCafe, in 2023 there was a 17.6% increase in apartments renovated from old buildings compared to the previous year. Manhattan has the largest concentration of renovated apartment buildings in the country. The number […]