Why the TSP Only Gives You 80% of Your Money
Federal employees will likely have taxes withheld from their TSP withdrawals at retirement. This is a summary of what to expect.
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.
Federal employees will likely have taxes withheld from their TSP withdrawals at retirement. This is a summary of what to expect.
The TSP is an excellent retirement savings plan for federal employees, but as the author explains, it can have some drawbacks.
A substantial portion of your TSP account can be lost to taxes if the funds are not distributed to your beneficiaries correctly upon your passing.
Investing too conservatively in retirement could cause you to run out of money. Here are three important considerations about investing later in life.
This is an overview of the two main retirement systems and their benefits for federal employees.
How can federal employees determine how much they can safely withdraw from their TSP accounts to spend in retirement?
One TSP Fund is up more than 31% in the past 12 months. Here are the latest returns for the month, so far in 2021 and the past year. How do your investments compare?
One TSP fund is up more than 20% so far in 2021. Investor satisfaction with the TSP is high and one outside analyst offers a defense and praise of the TSP.
How well do you understand the fund options in the TSP? Here is a basic overview.
A majority of our readers indicated they are not keen on the new TSP mutual fund window. Here are the results of our recent survey on the topic.