The Coronavirus Pandemic and Your TSP
Looking at how markets have performed during past pandemics can give federal employees an idea of how the TSP will fare long-term from the coronavirus.
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.
Looking at how markets have performed during past pandemics can give federal employees an idea of how the TSP will fare long-term from the coronavirus.
The coronavirus has tanked the stock market and taken TSP account values down with it. What can history teach us about how this will impact your retirement?
It can be frightening to watch the stock market drop quickly, but the author says it also presents some financial opportunities.
The author says that the new TSP distribution rules can exacerbate losses in a stock market downturn.
Imagining how a financial panic will feel is different than actually going through one. Are you now ready to pack it in and sell all of your stock funds?
How much income can federal employees expect to have in retirement? It’s a complex question, but the author provides a basic overview of key points to consider.
Do you follow stock prices every day? Will this help or hurt your financial (and physical) health?
Should you roll your TSP into an IRA after you leave federal service? The author offers some pros and cons to consider.
The coronavirus significantly impacted the stock market in February. Which funds had the largest losses and which ones gained?
Worries about the coronavirus have pushed the stock market into correction territory. Would a “bucket strategy” help retirees with funds in the TSP?