5 Reasons to Avoid Roth TSP and Conversions
These are situations in which federal employees may want to avoid utilizing the Roth TSP.
Federal employee retirement news: news about retirement-related topics as it pertains to employees of the federal government. Topics include FERS, CSRS, the latest TSP performance, annual COLA updates, and more.
These are situations in which federal employees may want to avoid utilizing the Roth TSP.
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.
Are FEHB premiums going up faster than inflation? Do annual raises and COLA increases keep up with FEHB premium increases?
What are the pros and cons of Individual Development Plans (IDPs)?
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.
Senator James Lankford (R-OK) is concerned about the OPM retirement backlog and the problems it is creating for retired federal employees.
The latest inflation figures are out for June. What is the impact on the 2024 COLA?
Federal employees who carry FEGLI into retirement can wind up getting coverage for free in some cases.