Your TSP is an incredible investment tool, especially during your career. The question, is it worth keeping in retirement? Many people suggest that it always makes sense to roll your TSP into an IRA. But this isn’t always the best for everyone. Let’s dig into the pros and cons. Pros Read more…
Being a Federal Employee has many perks, including great benefits and retirement packages. One perk that many federal employees fail to notice is loan forgiveness. Although not all loans and employees are eligible, it has been an incredible opportunity for many. To qualify for PSLF (Public Service Loan Forgiveness) a Read more…
With the cost of healthcare rising at incredible rates, finding the best options for healthcare in retirement can be a deal-breaker. For the average federal employee, Medicare is an integral part of their health care planning in retirement. Let’s start with the basics of how Medicare works. Most people in Read more…
This is a crazy time for the world. A time that no one has predicted or lived through before. The global spread of the coronavirus as well as the economic consequences that are following are unprecedented. In response to these events, the Coronavirus Aid, Relief, and Economic Security (CARES) Act Read more…
Following President Trump’s executive order confirming federal employee pay raises, the average employee will receive a 3.1% pay raise. Now, we all know what often happens when we get a raise. The first few paychecks are really exciting and the extra pay feels like a nice bump. Then, we adjust Read more…
Many people have heard of a Roth IRA but what is a Roth TSP and how is it different from the regular TSP? Let’s get into it. The main difference between the regular TSP and the Roth TSP is when you pay taxes. For the regular TSP, your contributions are Read more…
