https://youtu.be/J6q974owtLA Have you managed your TSP perfectly from the first day of your federal career? If you are like most of us, probably not. We all have things that we wish we knew earlier that would have saved us a lot of time and money. And if Read more…
Congrats! If you are reading this then you are probably close to retirement as a federal employee! If you are reading this and you are not close to retirement then my guess is that you don’t like your current position 🙂 Either way, this post will walk you Read more…
https://youtu.be/ZOk2THXsaMM Question 1 I am under law enforcement retirement and will have 25 yrs gov service and be eligible to retire when I’m 47. A co-worker advised me that if I retired before age 50, I would not be able to access my TSP (due to IRS rules) until I Read more…
The rules for special provisions (Air Traffic Controller, Fire Fighter, Law Enforcement) retirement are relatively simple and is shown by the flowchart below. If you are a traditional FERS employee then you are going to want to check out this article. https://hawsfederaladvisors.com/when-can-i-retire-as-a-fers-federal-employee-the-ultimate-guide/
Federal employees are known to have great retirement benefits but there are numerous rules and requirements that have to be met in order to be eligible for and maximize all of these benefits. This article will go into depth into when you are eligible to retire as well as all Read more…
https://youtu.be/xzev-EeSEJs Having a big TSP (Thrift Savings Plan) by retirement is amazing. But there is a problem. We aren’t used to living off a large sum of money. We are used to a pay check every 2 weeks. So how do we turn your TSP into a Read more…
What is your biggest expense in retirement? For many people, it is taxes! But most federal employees are shocked at what part of their incomes are taxable in retirement. Spoiler Alert: Most of it is! So What is Your Federal Retirement? Your federal retirement normally Read more…
Unless you’ve been living in a cave for the last 6 months, you know that 2022 has not been a pretty year for the TSP (Thrift Savings Plan). The market (C and S funds) has gone down significantly which has made even the calmest investors nervous. And in Read more…
https://youtu.be/63koQX3DWeQ Well it is official. The G fund is now the biggest fund amongst the 5 core TSP Funds. And that is not a small feat as the C Fund (the next biggest fund) has over $200 billion invested in it. And while we are still waiting for Read more…
https://youtu.be/PwMvAoTBAGs The TSP (Thrift Savings Plan) is an amazing tool to grow your money for retirement. But once you retire, is it still the best place for your money? Spoiler: Sometimes, but certainly not always. 3 Options for your TSP at Retirement Here are the main Read more…
