Tag: IRA

2020 TSP Contribution Limits Announced

By on November 6, 2019 in Retirement with 0 Comments
2020 TSP Contribution Limits Announced

The IRS has announced the 2020 contribution limits for the TSP and IRAs.

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Financial Tips for Federal Employees and Retirees: October 2019

By on October 12, 2019 in Pay & Benefits with 0 Comments
Financial Tips for Federal Employees and Retirees: October 2019

These are some tips for federal employees and retirees regarding their pay and benefits.

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The Retirement Math Problem

By on August 8, 2019 in Retirement with 0 Comments
The Retirement Math Problem

Taxes are expected to rise as the government continues to increase spending. These are some tax planning strategies to consider to protect yourself now.

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Legislation Aims to Boost Americans’ Retirement Savings

By on May 15, 2019 in Retirement with 0 Comments
Legislation Aims to Boost Americans’ Retirement Savings

Many Americans do not save nearly enough for retirement. Two Senators want to change that.

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Quick Financial Tips for Federal Employees

By on May 13, 2019 in Pay & Benefits with 0 Comments
Quick Financial Tips for Federal Employees

The author lists several tips for federal employees when it comes to their pay, benefits and retirement.

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Am I Allowed to Contribute to Both a Roth IRA and the Roth TSP?

By on April 24, 2019 in Q&A, Retirement with 0 Comments
Am I Allowed to Contribute to Both a Roth IRA and the Roth TSP?

Can I contribute to both a Roth IRA and the Roth TSP?

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How Much Will Be in My IRA?

By on April 9, 2019 in Retirement with 0 Comments
How Much Will Be in My IRA?

You have to begin taking withdrawals from your IRAs when you reach a certain age. How likely is this to exhaust your principal?

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Turning 70.5? Don’t Miss This Important Tax Deadline

on March 20, 2019 in Retirement with 0 Comments
People turning 70.5 have to start taking required minimum distributions from their retirement accounts. However, there’s a special rule for folks just reaching this age milestone.

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Benefits Cuts from 2020 Budget Mirror Past Proposals

By on March 16, 2019 in Pay & Benefits, Retirement with 0 Comments
Benefits Cuts from 2020 Budget Mirror Past Proposals

Recent proposed cuts to federal employees’ benefits appear to be the same as ones from past budget proposals. Here is a recap.

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Do IRAs Actually Have Lower Fees Than the TSP?

By on February 11, 2019 in Retirement with 0 Comments
Do IRAs Actually Have Lower Fees Than the TSP?

The author provides an “apples to apples” comparison of fees between the TSP and an IRA to see how they stack up.

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