208 TSP Millionaires Enjoy a Big Return in January
How are your TSP investments progressing? One TSP investor now has over $4 million in an account. 207 others don’t have that much but still have over $1 million accrued.
If you are a federal employee, you may be wondering how to plan for your retirement and make the most of your Thrift Savings Plan (TSP). The TSP is a tax-advantaged retirement savings plan that allows you to invest in various funds and options, depending on your risk tolerance and goals. On this tag page, you will find articles and resources that will help you understand the benefits and features of the TSP, as well as tips and strategies to increase your investment returns and secure your future income. You will also learn about the latest news and updates on the TSP performance, fees, withdrawals, and more. Whether you are just starting your federal career or are near retirement, these articles will provide you with valuable information and guidance on how to make the best use of your TSP.
How are your TSP investments progressing? One TSP investor now has over $4 million in an account. 207 others don’t have that much but still have over $1 million accrued.
If you are able to invest in the TSP, you should make sure you are getting the most out of it with the government’s matching contributions. The author offers some details on how to take full advantage of this.
What can federal employees expect in 2012? While no one can know for sure, the author offers some considerations you can take into account to help you be prepared for whatever the future brings.
2011 was a very volatile year for the stock market. Despite the volatility, the C fund finished up slightly for the year but the bond funds were the bigger winners.
Volatility continues in the stock market and TSP investors are continuing to move money into the safety of the G and F funds.
Good news for retirement investors: the TSP funds were all up in October, and some were up substantially. During September, TSP investors continued to take money out of the C fund though.
According to data recently released from the Federal Retirement Thrift Investment Board for August, approximately one in every five TSP participants has a loan outstanding against his or her account.
A recently published book aims to help federal employees understand the Thrift Savings Plan and how to better save for their retirement.
TSP participants will have more room to save for retirement with the annual contribution limits for the TSP increasing to $17,000 per year in 2012.
Stocks are down again in September as TSP investors head for the safety of the G and F funds.