Can Federal Employees Contribute to Both an IRA and the TSP in 2024?
For federal employees who are eligible, contributing to multiple retirement accounts can help to build wealth for retirement.
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.
For federal employees who are eligible, contributing to multiple retirement accounts can help to build wealth for retirement.
Federal employees and retirees should stay tuned for how the TSP will accomplish its implementation of the SECURE Act 2.0.
Is the TSP the best investment vehicle for federal employees to use? These are some considerations.
The TSP has released some important notices for tax planning purposes.
These are some tips to help federal employees in planning to maximize their TSP contributions in 2024.
2023 TSP performance provided a high return for TSP investors. Two TSP stock funds had returns of more than 25%. One TSP Fund shot up 10% in December.
A historic pay raise and the end of the vaccine mandate are among the top stories for federal employees in 2023.
These are some potential pitfalls related to the TSP when it comes to taxes and withdrawals that federal employees should know about.
2023 has been a volatile year for the TSP. For those who held on to or increased their stock funds during a down market, it may now feel like Christmas on Wall Street.
These three steps can help federal employees develop a basic investment plan for the TSP.