FERS and Your Future Retirement: How Much Will You Receive After Retirement?
How much will you receive in retirement income when you retire? Here are some examples that will demonstrate how your retirement income is calculated.
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 much will you receive in retirement income when you retire? Here are some examples that will demonstrate how your retirement income is calculated.
All TSP funds had a positive return in January as the Thrift Savings Plan is off to a good start for 2011.
The TSP is unveiling a new fund in its family of Lifecycle funds: the L 2050 fund. The fund is designed for participants who will begin to withdraw their holdings after 2045 and replaces the now obsolete L 2010 fund.
How safe is your TSP in a major recession and with extraordinarily large government debt as a common topic in the media?
2010 was a bumpy ride for investors in the Thrift Savings Plan (TSP). The gains for the year were solid but most of the advances occurred during the last half of the year–rewarding those investors who had the fortitude to withstand the ups and downs along the way.
Are you interested in a new program that may enhance your future retirement? Back in June 2009, legislation was passed authorizing creation of a Roth plan using after-tax salary into an account that will grow without any additional tax liability on future earnings. That option is now being implemented.
The stock market cooled in November with a number of the TSP funds losing ground. No doubt, future and current federal retirees are hoping for a “Santa Claus” rally.
The SandP 500 index (the index on which the C fund is based) went up about 13 percent in September and October, the best performance in these months since 1998. Here is a summary of the TSP funds for October and the year-to-date.
Congress is considering changes to your TSP. How should this impact your retirement investment decisions?
How safe are your investments in the TSP? It is a model program for retirement, according to some experts, but keep a close eye on it. Some in Congress see a better way to invest your money–and, perhaps, a way to help out some of their constituents at the same time.