We all love experiencing market growth when we are invested in the C, S, and I funds. These funds can be a great tool during your career and retirement. But, can there be danger when investing in these funds? But if you are retiring soon, should you still invest Read more…
The TSP and an IRA are both amazing tools to grow your money. But they are not created equal, especially while you are still working. But which is better at building wealth? Note: This article will focus on TSP vs. IRA while you are working. If you Read more…
There’s a high chance that you are not using the Roth TSP right now. Currently, only 36% of federal employees are using the Roth TSP. Today we’re going to be looking at some of the reasons why federal employees don’t use Roth TSP and some of the benefits that they Read more…
Is your goal for a federal retirement to maintain your current standard of living? What is it going to take to do that? Today, we’ll be talking about your FERS retirement benefits and whether they are enough for your comfort level. Net vs Net Most people have a Read more…
Is investing all your retirement money in the G fund a good idea? When and how much can I withdraw from the TSP and not run out of money in retirement? Should I put all my TSP money in a TSP annuity? In this article, we will Read more…
The TSP can be a great tool for retired federal employees. But, if not used in the right way, you can quickly lose everything you’ve worked so hard for. In this article we are going to look at a few ways federal employees can lose money very quickly in the Read more…
Your TSP Account is Generally Protected The TSP provides protection in the cases of lawsuits and bankruptcy. The funds in your account are held in trust for you by the TSP and are protected from the claims of creditors by a law which provides that these funds may not be Read more…
The TSP is an incredible wealth building machine! If managed well, the TSP can double its value many times over. Here are 3 strategies to double your TSP as many times as possible. Tip #1: Investing in the Right Funds There are 5 basic TSP funds: G, Read more…
Benefits of Retiring as a Federal Employee One of the benefits of a career with the federal government is that you are covered under the Federal Employees Retirement System (FERS). FERS is a retirement plan that provides benefits from three different sources: a Basic Benefit Plan, Social Security and the Thrift Savings Read more…
Switching from Accumulation to Withdrawal During most of your working career you will be adding money to your Thrift Savings Plan (TSP) account in hopes that you can accumulate enough funds to adequately supplement your retirement income when that time comes. When retirement does arrive, you can finally start withdrawing Read more…
