2022 TSP Checklist for Federal Employees
The start of a new year is often a good time to review your financial plans. Here are some tips for federal employees who invest in the TSP.
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.
The start of a new year is often a good time to review your financial plans. Here are some tips for federal employees who invest in the TSP.
With a rising stock market, the number of TSP millionaires has grown significantly.
The TSP’s performance in 2021 was excellent, and federal employees should be pleased when they see the results for December and for all of 2021.
One TSP Fund has provided a return of 25.99% so far in 2021. This fund is up 2.29% so far in December. One core TSP Fund has a negative return in 2021.
Inflation has been rising at a much higher rate than usual. How can this impact a federal employee’s retirement?
The TSP has provided the 2021 year-end processing schedule for plan participants.
The TSP’s performance in November slipped. Two TSP funds were up for the month and one TSP fund is still up almost 28% for the year.
TSP plan assets topped $800 billion for the first time in October. The C Fund leads all TSP fund performance so far in 2021.
Our readers told us in our latest survey that they do not believe the TSP is in need of greater diversity among its fund managers.
The IRS has announced the 2022 annual contribution limits for the TSP and IRAs.