Tag: IRA

What Are the Differences Between the Roth TSP and Roth IRA?

November 18, 2020 3:42 PM

The Roth TSP and Roth IRA are both important retirement savings tools available to federal employees, but there are some key differences between them.

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How Another Proposed Bill Would Impact Your Retirement

October 30, 2020 1:48 PM
How Another Proposed Bill Would Impact Your Retirement

Recently introduced legislation would make changes that could impact your retirement savings.

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What Should I Do With My TSP at Retirement?

September 15, 2020 1:37 PM

What to do with your TSP account upon reaching retirement is an important decision. These are some considerations.

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Time is Running Out to Replace Your RMD

August 27, 2020 11:21 AM
Time is Running Out to Replace Your RMD

Required minimum distributions were suspended under the CARES Act, but if you already took one and want to replace it, it must be done before it’s too late.

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5 Tips To Help You Acquire Your First Million Dollars

July 23, 2020 8:34 AM
5 Tips To Help You Acquire Your First Million Dollars

What does it take to become a millionaire? These are some of the techniques that people who have reached this milestone use.

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Why a Roth IRA May Be Right For You

July 13, 2020 2:32 PM
Why a Roth IRA May Be Right For You

Federal employees can have a Roth IRA in addition to the TSP. Here are the basics of how this retirement savings option works.

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The SECURE Act and What It Means to You

April 17, 2020 9:22 AM , Updated October 11, 2020 5:33 PM
The SECURE Act and What It Means to You

A new law that went into effect this year makes significant changes to retirement planning strategies.

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Retiring This Year? Here is a Preretirement Checklist

April 16, 2020 7:56 AM , Updated April 28, 2020 1:36 PM
Retiring This Year? Here is a Preretirement Checklist

If you are retiring soon, here are some steps to take to create a solid plan.

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Is it Wise to Suspend RMDs for 2020?

March 26, 2020 7:10 AM , Updated April 6, 2020 12:38 PM
Is it Wise to Suspend RMDs for 2020?

Congress has allowed the suspension of required minimum distributions (RMDs) for 2020 due to the coronavirus.

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Should You Roll Over Your TSP Into an IRA?

March 6, 2020 10:35 AM , Updated March 21, 2020 5:14 AM
Should You Roll Over Your TSP Into an IRA?

Should you roll your TSP into an IRA after you leave federal service? The author offers some pros and cons to consider.

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