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.
Stock market returns so far in 2015 have disappointed many investors who may have gotten used to the returns the C fund enjoyed over the past three years. On a more positive note, most of the Thrift Savings Plan (TSP) stock funds showed positive returns for November.
All TSP funds had positive returns in October, and the C fund had its best single month return in four years.
A new recommendation for the TSP would change the current investment structure of these funds.
Congress recently passed a long sought after bill which will change the rules for special category federal employees and their ability to access their TSP accounts. The author describes what the new law does and how it will impact those federal workers to whom it applies.
The Internal Revenue Service has announced the annual contribution limits for the Thrift Savings Plan and other similar retirement/pension plan contributions for 2016, most of which are unchanged from 2015.
In the third article in his series on federal retirement, FedSmith.com author Randy Silvey addresses one of the most common questions he has received from FedSmith.com users: “Should I roll my TSP over to an IRA after leaving federal service?”
What is Dave Ramsey’s advice about doing a TSP rollover to an IRA after retirement?
Stocks have just experienced their worst quarterly returns since 2011. TSP funds reflect this market action, and all of the TSP stock funds are down for September and for the year to date.
You might think that retirement planning is what you do while you are working, and it stops once you retire. The author says that nothing could be further from the truth and that managing your investments is even more important once you are no longer actively contributing. He outlines some of the key points you need to know for managing assets after you leave your federal career.
In his second article in the series, FedSmith.com author Randy Silvey addresses some of the questions he received from readers on retirement topics such as investing in the TSP and learning how to know if you are on the right path towards a successful retirement.
