July TSP Performance: Longest Winning Streak for C Fund Since 2021
The stock market has had its longest winning streak since 2021. This led to strong TSP performance in July.
If you are a federal employee, you may be wondering how to plan for your retirement and make the most of your Thrift Savings Plan (TSP). The TSP is a tax-advantaged retirement savings plan that allows you to invest in various funds and options, depending on your risk tolerance and goals. On this tag page, you will find articles and resources that will help you understand the benefits and features of the TSP, as well as tips and strategies to increase your investment returns and secure your future income. You will also learn about the latest news and updates on the TSP performance, fees, withdrawals, and more. Whether you are just starting your federal career or are near retirement, these articles will provide you with valuable information and guidance on how to make the best use of your TSP.
The stock market has had its longest winning streak since 2021. This led to strong TSP performance in July.
Senator Marco Rubio’s latest efforts to block TSP investments of federal employees in Chinese companies have failed.
TSP fund performance is soaring in 2023. Will it continue?
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Starting in 2024, catch-up contributions will have to be made in the Roth TSP for some federal employees.
How much money do you need in your TSP account to retire? This detailed example can help federal employees determine what is necessary for their situations.
These are some key things retired federal employees cannot do with their TSP accounts.
Compounding interest combined with investing in the Roth TSP can combine for a winning retirement strategy.
After disappointing 2022 returns, federal employees are now enjoying strong TSP performance in 2023 and over the past 12 months. Here are the biggest winners.