What is The Savers Credit in TSP? The Savers Credit, officially known as the Retirement Savings Contributions Credit, is a tax credit designed to encourage low- to moderate-income individuals to save for retirement. While it’s not specific to the Thrift Savings Plan (TSP), participants in the TSP may be eligible for this credit if they […]
Saving In Your Thrift Savings Plan (TSP) Is Important For Several Reasons Retirement Security: The TSP is a powerful tool for building a nest egg for retirement. It helps ensure you have enough funds to maintain your lifestyle when you stop working. Tax Advantages: Contributions to the TSP can be made on a pre-tax basis, […]
Four Important Considerations for Your TSP Account in the New Year As we welcome a new year, it’s a great time to reflect on your Thrift Savings Plan (TSP) account and how you can make the most out of your investments. Whether you’re a seasoned investor or just starting, here are four important things to […]
Saving In Your Thrift Savings Plan (TSP) Is Important For Several Reasons Retirement Security: The TSP is a powerful tool for building a nest egg for retirement. It helps ensure you have enough funds to maintain your lifestyle when you stop working. Tax Advantages: Contributions to the TSP can be made on a pre-tax basis, […]
Are You Ready for FEHB Open Season? Open Season for the 2025 FEHB plan year is underway. Here is some information to help. The federal benefits Open Season for the 2025 plan year begins November 11, 2024, and runs through December 9, 2024. This is the event where federal employees and retirees choose their benefits […]