Utilizing the TSP After Retirement
What should you do with your TSP account after you retire? The author offers some advice and considerations for federal employees who have reached this milestone in their careers.
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.
What should you do with your TSP account after you retire? The author offers some advice and considerations for federal employees who have reached this milestone in their careers.
If you are a federal employee with outstanding tax debts, you may find that money from your TSP account is garnished to make good on those debts.
All of the TSP funds had a positive return in August except for the I fund.
The author outlines some of the resources available to federal employees to help them save for an early retirement.
The percentage of participants who are contributing to the Thrift Savings Plan (TSP) hit a record high in July 2014.
When you retire, you will be faced with many choices as to what to do with your Thrift Savings Plan investments. This article considers the choice of leaving your money in the TSP or transferring it into an IRA.
The Thrift Savings Plan has issued some guidelines for federal employees who fall under the new phased retirement status to be aware of as they transition into the new phased retirement program.
The stock market dropped in July ending a five month winning streak for the TSP C fund. For the year-to-date and the past twelve months, all of the TSP funds are showing a positive return.
Under what circumstances can you contribute to a Roth IRA outside of the TSP?
A proposal has been made to raise the salary of the executive director of the TSP to 120% of the salary for the VP of the United States. Are you in favor of this proposal? Take the survey at the end of the article.