You can’t walk up to the mutual fund window at the Thrift Savings Plan, and put cash on a granite counter. It’s virtual. Regardless, it’s in danger of closing. Part of the problem is how few TSP account holders are actually using it to move a portion of their TSP. One reason for that could […]
Time spent on active duty in the Armed Forces of the United States can be added to your federal employment years of service, thus increasing the amount of your federal retirement annuity. I’ve written about this before, but I want to do it again because it can have such a significant impact on your retirement […]
The Thrift Savings Plan (TSP) is a retirement savings and investment plan for federal employees and members of the military. It is known for its low fees and diverse investment options, making it an attractive choice for many. However, like any investment, the TSP is not immune to market fluctuations, and it is possible for […]
This point of the year is a good time for FERS employees who invest in the TSP at high rates to make sure they won’t lose government contributions to their accounts due to hitting the annual investment dollar limit too early. The standard “elective deferral” limit this year is $22,500 (a combined limit for both […]
These are pros and cons of moving money from the TSP after retirement. “Should I Stay or Should I Go?” by The Clash. if you bopped to this song in high school or college, you are most likely in sight of retirement so this is an important topic. But, even if you know this from […]