First Month’s 2024 TSP Returns: Mixed Results
How do the monthly TSP returns look to start 2024? Despite a big drop on the last day, most TSP Funds showed a positive return in January.
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 do the monthly TSP returns look to start 2024? Despite a big drop on the last day, most TSP Funds showed a positive return in January.
Publicity about problems with the TSP may have unnerved some TSP investors. Here is how “lost” TSP money is handled.
The stock market rally in 2023 led to a record setting increase in the number of TSP millionaires.
This detailed example illustrates ways that federal employees under FERS can minimize taxes on their retirement income.
L Fund investments are increasing in the TSP. CSRS participation is declining as these investors age. More federal employees now getting the full match.
This colorful chart is a visual aid to help federal employees diversify their TSP investments for retirement.
For federal employees who are eligible, contributing to multiple retirement accounts can help to build wealth for retirement.
Federal employees and retirees should stay tuned for how the TSP will accomplish its implementation of the SECURE Act 2.0.
Is the TSP the best investment vehicle for federal employees to use? These are some considerations.
The TSP has released some important notices for tax planning purposes.