The TSP’s new computer system will also bring several changes in how investors may take loans from the program. Under current policy, loans can be repaid at any time but only in full and only with guaranteed funds, and loans can be reamortized only once. Under the new policy, partial repayments also will be allowed, personal checks will be accepted and there will be no limit on the number of times a loan can be reamortized. Also, the maximum period for a “general purpose” loan will rise from four to five years. In addition, investors will be able to apply for a loan through the TSP’s web site.
**TSP Open Season Began May 15th: 2002 TSP Investor’s Handbook Available for Immediate Shipment! https://www.fedweek.com/Publications/default.asp For 2002, The Thrift Savings Plan Investor’s Handbook has been completely revised and expanded giving you the very latest sound advice and strategies on how to build your TSP account while minimizing your risks. THIS COMPREHENSIVE HANDBOOK IS NOT A GOVERNMENT DOWNLOAD OR HANDOUT, IT’S AN “IN-PRINT” EASY-TO-FOLLOW PUBLICATION THAT ACTUALLY ADVISES YOU ON HOW TO INVEST YOUR FUNDS FOR RETIREMENT.
This TSP investor’s handbook is like no other information available to us. It actually advises you on how to invest your funds for retirement, not just explaining the TSP program. It’s an excellent book.”
LP
Washington, DC
You already know the basics of your TSP plan; now it’s time to kick things into high gear. We developed the TSP Investor’s Handbook especially to help you squeeze the most out of your investments and other benefits of the popular TSP program. This “all-new for 2002” handbook places the TSP among your other assets, explains the real value of its best features. Take a look at just some of what’s new in The 2002 Thrift Savings Plan Investor’s Handbook:
- A detailed explanation of how the phase out of TSP percentage of salary limits, plus increases in the dollar contribution limits, can help you build your retirement savings faster than ever
- New authority to transfer into the TSP money from other retirement savings accounts-what restrictions apply, how to accomplish the transaction and what happens to the money if you do so
- New participation rules for Reservists and National Guard members-when they can establish a second, “military” TSP account, how much they can invest in it, and how the two accounts work in relation to each other
- The new S and I funds-how to integrate the new into a personal investment plan, with examples of historic results of various investment strategies
- How the upcoming changes tied to the TSP’s new computer system will affect your investment, loan, withdrawal and other options
- An updated guide to official resources and forms in the TSP program
- All-new and updated tables throughout to help you track your TSP investments
- New and expanded examples and explanations of account growth, and the crucial role of timing and compounding earnings to maximize your investments
- The latest on the new TSP policies for loans, withdrawals and account management
- New questions and answers about account information, loans, fund rates of return, taxes, spouses’ rights, leaving the money on investment after retirement, and in-service and post-service withdrawal options
- A thorough look at the TSP’s tax and administrative expense advantages over other investment opportunities
- An illustrated analysis of how to take advantage of time and rates of return to make your money do most of the work in building your account
THE NEW 2002 THRIFT SAVINGS PLAN INVESTOR’S HANDBOOK SHOWS YOU:
- Why TSP rules don’t allow highly individualized investment choices (though you’ll also learn some creative ways to work within those rules)
- How the TSP fits into your overall assets, its risk vs. return, and the two new TSP investment funds
- A framework for making the all important withdrawal decision, taking into account the rest of your expected income in retirement-including Social Security, if applicable
- How to assess your long-term retirement goals and needs and how to best time your withdrawal-including taking the account in a lump sum, as an annuity or in “substantially equal monthly payments,”
- The new “mix and match” opportunity that will allow you to combine those withdrawal options
- All about how to protect your survivors with that TSP money-as well as what to expect from other income sources, including civil service retirement pensions, and what TSP annuity choices your survivors would have
- And much, much more!
**The 2002 Thrift Savings Plan Investor’s Handbook is only $9.95 (plus $3.75 s&h) and you can order by going to our publication’s section of our website: https://www.fedweek.com/Publications/default.asp and ordering online. You may also call our toll-free order line at 888-333-9335 or send your order with payment to: FEDweek,
PO Box 5519, Glen Allen, VA 23058.
There are quantity discounts available for this publication For federal agency distribution. Go to https://www.fedweek.com/publications/quandisc.htm or ask one of our representatives about them when you call.**
