2024 TSP Contribution Limit Predicted to Increase
Recent estimates project that the 2024 TSP annual contribution limit will increase to allow federal employees to save more for retirement.
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.
TSP Returns, Latest on Government Shutdown, and 10-Year L Fund Returns
TSP returns so far in August 2023, government shutdown news and TSP L Fund returns over 10 years.
What TSP Funds Does Dave Ramsey Recommend?
Which TSP funds does Dave Ramsey recommend for federal employees?
Is “DIY Diversification” Worth the Hassle?
Should federal employees use the L Funds or assemble their own mix of the core TSP funds?
Are There Chinese Investments in the TSP?
Do federal employees have to worry about their investments in the TSP supporting Chinese companies?
Why You Should Retire Poor (on Paper)
Because the IRS primarily looks at income, retired federal employees who are “poor” in this sense will pay fewer taxes.
TSP and Taxes: How Can I Avoid Them Once and For All?
A tax plan can help retired federal employees avoid overpaying taxes on TSP withdrawals.
Should I Stay or Should I Go? 14 Points to Consider Before Moving Money from TSP
Categories Federal Employee Pay News These are pros and cons of moving money from the TSP after leaving federal service.
Should I Move My Money Out of the TSP Once I Retire?
There are pros and cons to keeping your money in the TSP after retirement.
More Retirement Income Through Catch-up Contributions for Highly Compensated Feds
Federal employees making at least $145,000 may be able to accumulate more for their future retirement starting in 2024 via catch-up contributions to the TSP.
