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The stock market has been on a tear since its drop in 2008. Are you worried about losing money in your TSP due to a pullback? Before you make any emotional investment decisions, you may want to read one financial expert’s advice to a federal employee who was recently facing this dilemma.
If you are a new employee in the federal government, you will automatically be enrolled in the Thrift Savings Plan to save money for your retirement. The author provides some details as to how much the government contributes to this plan on your behalf as well as how the money will be invested.
Should you invest in the Roth option within the Thrift Savings Plan or do a traditional Roth IRA? One financial advisor offers his advice to a member of the Air Force on what he believes is the best choice.