Can I Contribute to Both the Roth TSP and a Roth IRA in the Same Year?
Can I contribute the max to my Roth TSP and also $6,000 to a Roth IRA in the same year?
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.
Can I contribute the max to my Roth TSP and also $6,000 to a Roth IRA in the same year?
One Congresswoman sought answers about problems related to the new TSP website and what was being done to fix them. This is the response she received.
Two of the TSP stock funds are now in bear market territory and inflation is raging. What does history show about a federal pay raise during high inflation?
Four nominees have been confirmed for the FRTIB, the TSP’s governing board. Confirmation moved quickly after Senator Marco Rubio removed a hold on the nominations.
The TSP has posted a list of known issues in response to the problems some participants have encountered with the new website changes.
The 2022 inflation rate is rising rapidly. Here is why the TSP funds have fallen sharply and what it all means for the 2023 COLA estimate.
It’s good to consider “what ifs” for when life takes unexpected turns. Here are a couple of strategies to help safeguard your TSP.
With all of the bad news out there and a stock market that has been dropping, federal employees may be tempted to sell their TSP stock funds. But should they?
Recently introduced legislation would prohibit the TSP from investing in environmental, social and governance (ESG) investments.
A hold placed on nominees to the FRTIB has been released by Senator Marco Rubio after a commitment was made not to invest in certain Chinese companies.