Q&A
Can I Contribute to an IRA if I’m Fully Funding My TSP Account?
I’ve been told that I cannot contribute to an IRA for either 2015 or 2016 if I’m fully funding my TSP account; is that true?
TSP
Stay updated with the latest TSP news, including TSP fund performance, investment updates, contribution limits, withdrawal rules, and fee changes that impact federal employees and retirees. Here, you’ll find articles on TSP investment strategies, L Fund performance, market trends, TSP modernization updates, and guidance to help you make informed decisions about your Thrift Savings Plan. Whether you’re early in your federal career or preparing for retirement, find clear insights on maximizing your TSP growth and managing your long‑term financial strategy.
Retirement
How Did TSP Investors Prepare for the March Stock Market Rebound?
TSP investors withdrew money from the TSP stock funds in February, just in time for a significant rebound in these funds in March.
Federal Workforce News
The Possibility of A Super Saver TSP Program: More Detail on How the System Works
Is a "Super Saver" Thrift Savings Plan program a future possibility for TSP investors? The author of a recent FedSmith article advocates a change and also clarifies and…
Retirement
Will There be a Super Saver TSP Program in Your Future?
The author describes a retirement savings benefit outlined in the tax code that can dramatically boost one's ability to save for retirement.
Retirement
Returning to 1933? How Are Your TSP Funds Performing in 2016?
The stock market made its biggest quarterly comeback since 1933 according to one recent headline. How did your TSP stock funds do in March?
Retirement
IRS Reminds Retirees of April 1 Deadline to Begin Required Retirement Plan Distributions
The Internal Revenue Service said in a statement Monday that taxpayers who turned 70½ during 2015 must start receiving required minimum distributions (RMDs) in most cases from Individual…
Pay & Benefits
What Should Your Surviving Spouse Do About Your Work-Related Benefits When You Die?
If you are the spouse of a federal employee who has passed away, what do you need to do with regards to the benefits? And if you are…
Pay & Benefits
House Budget Committee Proposes Increasing Pension Contributions, Cutting G Fund Interest Rate
The House Budget Committee released its budget proposal for 2017 last week, but details at the time were lacking about what it might mean for federal workers. However,…
Pay & Benefits
What Happens To Your Benefits If You Die After You Retire?
What can federal employees expect to happen to their benefits if they pass away after retiring from federal service?