Tag: Roth

Why a Roth IRA May Be Right For You

By on July 13, 2020 in Retirement with 0 Comments
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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Will Federal Employees Really Have Lower Taxes in Retirement?

By on June 24, 2020 in Retirement with 0 Comments
Will Federal Employees Really Have Lower Taxes in Retirement?

Many federal employees assume they will be in a lower tax bracket in retirement. As the author explains, this may not be the case.

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3 Things to Do With Your Extra Money

By on May 22, 2020 in Pay & Benefits with 0 Comments

The coronavirus has many federal employees working at home which could mean they have fewer expenses. These are some ways to put the savings to work.

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Actions to Take in a Market Downturn

By on April 22, 2020 in Retirement with 0 Comments
Actions to Take in a Market Downturn

The stock market is off of its recent highs thanks to the coronavirus. What can you do to take advantage of the current situation?

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The SECURE Act and What It Means to You

By on April 17, 2020 in Retirement with 0 Comments
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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What the Coronavirus Means for Your Money

By on March 20, 2020 in Retirement with 0 Comments
What the Coronavirus Means for Your Money

It can be frightening to watch the stock market drop quickly, but the author says it also presents some financial opportunities.

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

on February 27, 2020 in Retirement with 0 Comments

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 Social Security Double Tax Bomb

By on February 4, 2020 in Retirement with 0 Comments
The Social Security Double Tax Bomb

As the author explains, federal employees who think their taxes will be lower in retirement could be in for an unpleasant surprise.

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The Roth TSP and Other Forms of ‘Tax Insurance’

By on January 30, 2020 in Retirement with 0 Comments
The Roth TSP and Other Forms of ‘Tax Insurance’

The author says taxes could rise in the future, making traditional tax planning strategies less effective.

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The SECURE Act of 2019 Means Big Changes to Retirement Accounts

By on January 10, 2020 in Retirement with 0 Comments
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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