Tag: IRA

This D.C. Millennial Makes $81,000 And Has No Debt

February 27, 2020 5:18 PM

This young federal employee lives in Washington, a high cost of living area, and not only has no debt, but is actively contributing to his future retirement savings via the Thrift Savings Plan and a Roth IRA.

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The SECURE Act of 2019 Means Big Changes to Retirement Accounts

January 10, 2020 6:04 AM , Updated January 23, 2020 10:44 AM
The SECURE Act of 2019 Means Big Changes to Retirement Accounts

The SECURE Act is a new law that has significant implications for retirement savings. Here are some key points to know about the new law.

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6 Key Retirement Changes of the SECURE Act

January 2, 2020 6:11 AM , Updated January 14, 2020 3:28 PM
6 Key Retirement Changes of the SECURE Act

The SECURE Act recently became law and affects key components of retirement savings. Here are six important changes the law makes.

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2020 TSP Contribution Limits Announced

November 6, 2019 11:01 AM , Updated November 20, 2019 9:29 AM
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

October 12, 2019 6:54 AM , Updated October 27, 2019 3:53 PM
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

August 8, 2019 3:12 PM , Updated August 20, 2019 7:28 AM
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

May 15, 2019 3:28 PM , Updated May 27, 2019 8:12 AM
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

May 13, 2019 1:14 PM , Updated May 23, 2019 9:53 AM
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?

April 24, 2019 2:14 PM , Updated May 4, 2019 1:21 PM
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?

April 9, 2019 3:19 PM , Updated July 18, 2019 4:34 PM
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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