Rough Month (and Year) for TSP Stock Funds
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.
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.
Managing Income and Investments After Retirement
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.
Feds Ask, ‘Where Can We Find Retirement Income Facts?’
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.
Are Feds Planning to Fail in Retirement?
The author says that many federal employees are approaching financial problems as they near retirement due to a lack of planning. However, he says that with some basic planning for the future, they can not only survive in retirement, but thrive as well. He explains how this might work by providing an example of one couple’s retirement plan.
Federal Employee Groups Urge Congress Not to Touch G Fund
Several federal employee advocacy groups sent a letter to Members of Congress this week asking them to oppose any legislation that would cut the interest rate of the Thrift Savings Plan’s G Fund.
Retirement Planning Advice For Those Over 70
I’m over 70 and planning to retire in my late 70s. Are there one or two key things I should be looking at to start planning?
G Fund Rate Cuts and a Possible Government Shutdown: NARFE Discusses Priorities for the New Session
With Congress back in session this week, John Hatton, deputy legislative director for NARFE, told FedSmith.com that his organization has several priorities in terms of legislation it wants to see passed by Congress to help federal employees, including avoiding another government shutdown and interest rate cuts to the TSP’s G Fund.
Age-Appropriate Default Option for the TSP Starts This Weekend
Starting September 5th, the Thrift Savings Plan will be providing new federal employees with a different default fund for automatic enrollment in their retirement savings plans.
FedSmith.com Users Strongly Oppose Adding Mutual Funds to TSP
The majority of FedSmith.com users said in a recent survey that they are opposed to adding a mutual fund window to the Thrift Savings Plan.
TSP Stock Funds Dive in August
All of the stock funds for the Thrift Savings Plan were down significantly in August. Here are the results for the month and for the year for all of the TSP funds.
