https://youtu.be/4ICvj_7MY9Y Don’t be deceived by the title. I love it when anyone is able to max out their TSP. However, you don’t want to get the cart in front of the horse and mix up priorities. The Basics We can’t ignore the basics of personal finance just to max out Read more…
https://youtu.be/53Ly-evf74k The mutual fund window (which is scheduled to be released in the summer of 2022) is an exciting new feature but has a dark side. It can be much more expensive. What is a Mutual Fund Window? For those that aren’t familiar with what a mutual fund Read more…
https://youtu.be/BgpQjVMAqak Note: As of 12/2022, the laws that determined that age that RMDs start have been changed. Here is more information on that. As I speak with federal employees from around the country, there is nothing that seems to be as feared (and misunderstood) as Required Minimum Distributions (RMDs). Read more…
Can I roll over a portion of my TSP to an IRA vs the entire account? Should I keep my money in the TSP in retirement or roll it over to an IRA for better gains? Helpful Article: https://hawsfederaladvisors.com/tsp-vs-ira-the-ultimate-guide/#:~:text=One%20major%20difference%20between%20these,you%20invest%20in%20an%20IRA. Am I eligible to retire at age 54 Read more…
https://youtu.be/08zAVm8i3nU Question 1 I have maxed my contributions in the TSP and a ROTH IRA and I am blessed to have money left over. Where should I be putting that money so that it continues to work for me? Answer 1 If your spouse has a 401k or IRA Read more…
Warren Buffett is a legend. With a net worth of more than 115 billion $, he obviously knows something about money. But Buffett is different from most of the world’s ultra-wealthy. Unlike Jeff Bezos or Elon Musk who built businesses that provide goods and services, Buffett Read more…
https://youtu.be/0dABmM4LtIE Dave Ramsey has commented on the TSP (Thrift Savings Plan) many times and most of his advice is rock solid. But some things I had to read twice to just make sure I hadn’t misread anything. Because with anyone’s advice (even mine), you never want to blindly Read more…
