Watch Out for This Retirement Tax Trap
Will your income in retirement be less than it is now? As the author illustrates, you could be surprised thanks to required minimum distributions.
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.
Will your income in retirement be less than it is now? As the author illustrates, you could be surprised thanks to required minimum distributions.
The TSP has issued a short memo for agency payroll offices regarding the impact of the retroactive pay raise.
A surviving spouse is the only survivor that can leave inherited funds, but there are important tax implications to be aware of with these accounts.
Which TSP fund has the best return for the 1st quarter in 2019? Here are all of the TSP returns for the month of March, year-to-date and the past 12 months.
It is important to periodically review your financial plans to ensure you remain on track for a solid retirement. These are some areas on which to focus.
Proposals to cut retirement benefits appear periodically. The author discusses some recent ones and what they might mean for federal employees.
Recent proposed cuts to federal employees’ benefits appear to be the same as ones from past budget proposals. Here is a recap.
When you reach retirement, you need to plan for how much you can withdraw and spend from your nest egg. The author discusses two strategies.
There are important actions your primary survivor needs to take regarding your federal benefits in the event of your death.
Which TSP funds have returns of more than 11% and 17% so far in 2019?