Tag: TSP

Financial Considerations When Leaving for a Private Sector Job

By on January 21, 2019 in Pay & Benefits with 0 Comments
Financial Considerations When Leaving for a Private Sector Job

Thinking of leaving your job as a federal employee? These are some important financial considerations to keep in mind when moving to the private sector.

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Bill Would Let Federal Employees Withdraw From Their Retirement Funds During Shutdown

By on January 17, 2019 in Pay & Benefits with 0 Comments
Bill Would Let Federal Employees Withdraw From Their Retirement Funds During Shutdown

Recently introduced legislation would let federal employees and contractors withdraw from retirement accounts without penalty during the shutdown.

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Bill Would Let Federal Employees Tap Their TSP Funds During Shutdown

By on January 14, 2019 in Pay & Benefits with 0 Comments
Bill Would Let Federal Employees Tap Their TSP Funds During Shutdown

Recently introduced legislation would allow excepted federal employees to withdraw from the TSP with no penalties to have money during shutdowns.

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A Lack of Financial Planning Leads to Unpleasant Consequences

By on January 13, 2019 in Pay & Benefits with 0 Comments
A Lack of Financial Planning Leads to Unpleasant Consequences

The author says the partial government shutdown is a reminder for federal employees to always be prepared with emergency savings to get through tough times.

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Shutdown Announcement from the TSP

By on January 9, 2019 in Pay & Benefits with 0 Comments

The TSP made an announcement regarding suspension of loan payments and the ongoing shutdown.

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How Much Did TSP Funds Drop in 2018?

By on January 2, 2019 in Pay & Benefits with 0 Comments
How Much Did TSP Funds Drop in 2018?

TSP stock funds were all down in 2018 but bond funds are up. Here is a summary of how TSP funds finished out the year.

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10 Ways to Save on Taxes And Expenses in 2019

By on December 26, 2018 in Pay & Benefits with 0 Comments
10 Ways to Save on Taxes And Expenses in 2019

The start of a new year is a good time to review your finances. These are some simple things you can do to help save on taxes and boost your long-term savings.

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For This Sailor, the New Blended Retirement System is a Safe Bet

on December 17, 2018 in Retirement with 0 Comments
A financial advisor analyzes the current state of a young Navy Corpsman's finances with some suggestions on how he can maximize growing his retirement savings in the Thrift Savings Plan and getting out of debt.

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TSP Announces End of Year Processing Schedule

By on December 6, 2018 in Pay & Benefits with 0 Comments
TSP Announces End of Year Processing Schedule

The Thrift Savings Plan has announced its year-end processing schedule with details on how transactions will be handled as 2018 draws to a close.

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Temporarily Relaxing TSP Hardship Withdrawal Rules

By on December 5, 2018 in Pay & Benefits with 0 Comments
Temporarily Relaxing TSP Hardship Withdrawal Rules

The TSP is relaxing hardship withdrawal rules for victims of Hurricane Michael or Hurricane Florence. Here are the details.

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