Most articles written about federal careers are aimed at employees nearing retirement, as this phase of life involves a multitude of critical financial decisions that shape the future. However, investing in your federal career early can make life much easier, both now and in the decades to come. Even if Read more…
Navigating retirement successfully requires a thoughtful approach to managing your Thrift Savings Plan (TSP). By understanding and tailoring your investment strategies, you can create a sustainable plan to support your financial goals. One popular strategy, the 60/40 allocation, balances growth and stability, but it may not be suitable for everyone Read more…
The Thrift Savings Plan (TSP) offers federal employees a variety of investment options designed to meet different retirement goals and risk tolerances. Among these options, the five primary TSP funds—G, F, C, S, and I—serve as the base for many retirement portfolios. These funds range from very conservative (G and Read more…
The Thrift Savings Plan (TSP) is a crucial factor to create a secure and confident retirement for federal employees. Your paycheck contributions significantly impact your retirement savings and overall financial future. In this article, we’ll break down the contribution limit changes for 2025 and provide insights on how much you Read more…
Navigating retirement successfully requires a thoughtful approach to managing your Thrift Savings Plan (TSP). Your TSP, built over years of saving and investing, can provide a steady stream of income in retirement if you adopt strategies tailored to your needs. This article will cover two useful strategies to consider: the Read more…
When federal employees reach 30 years of service with the federal government, they usually start thinking about retirement. Three very common ages to retire as a federal employee are 57 (Minimum Retirement Age (MRA)), 60 or 62. Let’s take a look at the pros and cons of each retirement age, Read more…
Required Minimum Distributions (RMDs) can be a significant consideration for federal employees nearing retirement. At first glance, the RMD rules may appear daunting. RMDs are mandatory withdrawals from retirement accounts starting at a certain age, with tax implications that could potentially alter a retirement plan. However, with proactive planning and Read more…
I love the TSP! It is an incredible wealth-building tool. But it is not perfect, especially in retirement. While the TSP has become much more flexible over the years it still has a long way to go. Here are 5 things that the TSP doesn’t allow but Read more…
While working for the federal government, the TSP is an important part of preparing for your retirement from federal service. Between government matching contributions (up to 5% of salary) and low-cost investment options, the TSP is a no-brainer while still working for the federal government. Once you retire, you can Read more…
Gone are the days of MASSIVE CSRS pensions. There are only a small percentage of CSRS (the old system) employees left in the government and their HUGE pensions are dying with them. But FERS (the new system) federal employees still have good benefits if you know how to Read more…
