Should You Transfer Out of the TSP?
These are pros and cons of reasons why federal employees might consider moving money out of the 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.
These are pros and cons of reasons why federal employees might consider moving money out of the TSP.
Federal employees who aren’t taking advantage of the full TSP match are missing out on free money.
Tax planning is important when withdrawing money from your TSP account, otherwise you may be paying more in taxes than you have to.
So far, 2024 has been a great year for TSP returns. All TSP Funds, with one exception, are showing a positive return in 2024.
What is the new benchmark index for the TSP’s I Fund all about?
TSP returns are off to a strong start in 2024. One fund is up almost 10%.
Beneficiary designations on a TSP account offer a lot of flexibility to federal employees in their estate planning.
The SECURE Act 2.0 made changes to the TSP that are important for federal employees.
These are four key areas federal employees must consider when managing their TSP accounts.
What happens to federal employee benefits in the event of a divorce?