How Can You Save More in the TSP?
Federal employees are often told it is important to invest in the TSP to have a secure retirement, but where can they get the extra money to put into savings?
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 are often told it is important to invest in the TSP to have a secure retirement, but where can they get the extra money to put into savings?
How can you avoid running out of money in retirement while still letting your investments grow? The author shares his strategy of how he answers this question for his clients.
These are three common retirement myths that federal employees need to be aware of.
Nominees to the TSP board have been pulled by President Biden.
2020 was a tough year, but as the author points out, there are some valuable lessons that can be learned from it.
A new catch up contribution process for the TSP went into effect this year. Here’s how to make the most of it.
The author discusses current economic conditions and what they might mean with respect to a possible recession.
Social media and the stock market have led to a newsworthy phenomenon in stock trading. How has it impacted your TSP?
The Thrift Savings Plan is off to a strong start with one fund already up more than 7% in 2021.
What does Dave Ramsey have to say about the TSP? The author lists his most common advice to federal employees and also provides some of his own thoughts.