Can You Have Too Much in the Wrong Accounts?
There are three primary types of investment accounts, and different strategies are needed for each to minimize taxes.
Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Stay informed about important topics such as annual federal pay raises, the GS pay scale, and Thrift Savings Plan (TSP) including the latest TSP performance updates. You will also find articles about the Federal Employees Health Benefits (FEHB) program, Federal Employees Group Life Insurance (FEGLI), and Federal Employees Dental and Vision Insurance Program (FEDVIP), or event legislation in Congress that could impact federal employees’ pay and benefits.
There are three primary types of investment accounts, and different strategies are needed for each to minimize taxes.
FEGLI is not always the best life insurance option for federal employees. These are some important considerations.
How do capital gains taxes work? Can they ever be avoided entirely?
In the first quarter of 2024, TSP returns had the best first quarter performance since 2019. With one exception, all TSP funds declined in April.
What is the ideal amount for federal employees to contribute to the TSP? These are some considerations.
A new CBO report found that total compensation of federal employees is 5% higher on average than their private sector counterparts.
Research shows that investors usually suffer when they try to time the market. How can federal employees apply this to the TSP?
How does annual leave impact a federal employee’s retirement? How does it accumulate, and in what situations can it be restored?
Inflation has driven up tax penalty interest rates which may come as a shock to millions of taxpayers.
New records are being set by the TSP. Here is an update on TSP fund performance and some of the records cited by the TSP in its latest release.