Bill Would Let Federal Employees Tap Their TSP Funds During Shutdown
Recently introduced legislation would allow excepted federal employees to withdraw from the TSP with no penalties to have money during shutdowns.
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.
Recently introduced legislation would allow excepted federal employees to withdraw from the TSP with no penalties to have money during shutdowns.
The author says the partial government shutdown is a reminder for federal employees to always be prepared with emergency savings to get through tough times.
The TSP made an announcement regarding suspension of loan payments and the ongoing shutdown.
TSP stock funds were all down in 2018 but bond funds are up. Here is a summary of how TSP funds finished out the year.
The start of a new year is a good time to review your finances. These are some simple things you can do to help save on taxes and boost your long-term savings.
The Thrift Savings Plan has announced its year-end processing schedule with details on how transactions will be handled as 2018 draws to a close.
The TSP is relaxing hardship withdrawal rules for victims of Hurricane Michael or Hurricane Florence. Here are the details.
November was a volatile month for stocks. Which TSP funds had the largest gains?
Federal employees have unique benefits to help them save for retirement. The author discusses these as well as some other long-term wealth building advice.
The TSP offers an annuity to guarantee income for life, but the author says it is an antiquated when compared with more flexible ones available elsewhere.