If you are a federal employee with outstanding tax debts, you may find that money from your TSP account is garnished to make good on those debts.
The author offers an analysis of the L funds in the TSP as compared to other target date retirement funds offered by large brokerage companies. He points out the differences that federal employees should be aware of when investing in the TSP L funds.
The stock market dropped in July ending a five month winning streak for the TSP C fund. For the year-to-date and the past twelve months, all of the TSP funds are showing a positive return.
The TSP is an efficient accumulation vehicle. Between it being payroll deducted, offering a match up to 5% and having low fees the TSP can be a great investment vehicle to save for retirement. What options do you have for taking money out in retirement? The author provides a basic overview of the withdrawal options.