What Happens to Your Benefits If You Die While Still Working? Response to Readers’ Questions
What can federal employees expect to happen to their benefits if they pass away while still employed?
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.
Number of TSP Millionaires Drops Below 2015 Level
There are now thousands of millionaires in the Thrift Savings Plan (TSP). The number of these successful investors has dropped in the past year though as the boom in stocks has dissipated and stock market volatility has increased.
Should I Put My TSP Into an IRA So I Can Retire When I Want?
I am 61 and have heard that I can take my money out of the TSP and place it into an IRA. I have been trying to manage my TSP the best that I can, but, my TSP has lost 20% this past year. Should I place my TSP into an IRA so I can still retire when I want?
Will TSP Investors Panic and Sell?
January 2016 was a bad month for TSP investors with money in the stock funds. But, while the stock market frequently goes down, it has always come back and rewarded investors with a longer investment horizon.
What Are the Average Earnings for a TSP Account With Mostly ‘High Risk’ Funds?
My TSP has the same contribution mix: 85% risk and 15% safe funds. What would you estimate are the average earnings for the TSP, and what would be the average earnings of a TSP account with mostly high risk funds?
Would the American Savings Act Impact the Thrift Savings Plan?
The American Savings Act would create a new organization that may be popular with many Americans. How would creating such an organization impact the TSP?
The TSP is Popular; Should a Similar Program Exist for Other Americans?
The Thrift Savings Plan is one of the most popular benefits available to federal employees. Should a comparable program modeled after the TSP be set up for all Americans? One Senator from Oregon thinks so.
January Nightmare for Stock Funds: The Latest TSP Highlights
What investment actions did TSP investors take in December prior to the stock market slump (so far) in January? Here are the latest trends for your TSP investments.
I Keep Trying (and Failing) to Time the Market with My TSP; What Am I Doing Wrong?
I keep trying to time the market with my TSP investments, only to end up buying high and selling low. How should I allocate my money into selected funds with the idea of leaving it there to ride out the highs and lows?
New Survey Raises the Question, ‘Will Feds Be Permitted to Develop Financial Maturity?’
The author says that federal employees are frequently sheltered from financial and retirement information in their careers. He says federal workers need to be permitted to have self-reliance in their understanding of at least basic retirement concepts to avoid making mistakes that can harm their future financial goals.
