Tag: TSP

For This Sailor, the New Blended Retirement System is a Safe Bet

on December 17, 2018 in Retirement with 0 Comments
A financial advisor analyzes the current state of a young Navy Corpsman's finances with some suggestions on how he can maximize growing his retirement savings in the Thrift Savings Plan and getting out of debt.

Continue Reading »

TSP Announces End of Year Processing Schedule

By on December 6, 2018 in Pay & Benefits with 0 Comments
TSP Announces End of Year Processing Schedule

The Thrift Savings Plan has announced its year-end processing schedule with details on how transactions will be handled as 2018 draws to a close.

Continue Reading »

Temporarily Relaxing TSP Hardship Withdrawal Rules

By on December 5, 2018 in Pay & Benefits with 0 Comments
Temporarily Relaxing TSP Hardship Withdrawal Rules

The TSP is relaxing hardship withdrawal rules for victims of Hurricane Michael or Hurricane Florence. Here are the details.

Continue Reading »

In Volatile Month, Which TSP Funds Had Largest Gains?

By on December 3, 2018 in Pay & Benefits with 0 Comments
In Volatile Month, Which TSP Funds Had Largest Gains?

November was a volatile month for stocks. Which TSP funds had the largest gains?

Continue Reading »

Three Financial Benefits Available to Federal Employees

By on November 29, 2018 in Pay & Benefits with 0 Comments
Three Financial Benefits Available to Federal Employees

Federal employees have unique benefits to help them save for retirement. The author discusses these as well as some other long-term wealth building advice.

Continue Reading »

Man Steals $195k From His Brother’s TSP Account

on November 26, 2018 in Current Events with 0 Comments
A former mayor of Middletown, CT has pleaded guilty to an embezzlement scheme which included stealing $195,000 from his brother's Thrift Savings Plan account that he obtained via  hardship withdrawal by impersonating his brother.

Continue Reading »

Pros and Cons of the (Antiquated) TSP Annuity

By on November 13, 2018 in Retirement with 0 Comments
Pros and Cons of the (Antiquated) TSP Annuity

The TSP offers an annuity to guarantee income for life, but the author says it is an antiquated when compared with more flexible ones available elsewhere.

Continue Reading »

How Will the New TSP Rules Affect You?

By on November 6, 2018 in Retirement with 0 Comments
How Will the New TSP Rules Affect You?

Changes are coming to the TSP rules next year that have important implications for federal employees saving for retirement.

Continue Reading »

Timing the Market Can Lower Your TSP Balance

By on November 5, 2018 in Retirement with 0 Comments
Timing the Market Can Lower Your TSP Balance

TSP investors transferred millions from the G fund into stock funds in September, just in time to lose money in October as the market went down.

Continue Reading »

2019 Contribution Limits Announced for the TSP

By on November 1, 2018 in Retirement with 0 Comments
2019 Contribution Limits Announced for the TSP

The IRS has announced the 2019 contribution limits for the TSP and IRAs. How much extra will you be able to save?

Continue Reading »

Top