Save Early, Save Often to Set Yourself Up for Retirement
“You gets no bread with one meat ball.” So go the final words in the song One Meat Ball, a …More
“You gets no bread with one meat ball.” So go the final words in the song One Meat Ball, a …More
There are many “rules” for saving for retirement, some of which are very general and involve discipline and frugality. Rules …More
The minutes of the July 26, 2023, meeting of the Federal Retirement Thrift Investment Board mentioned that James Courtney, the …More
Hamlet is perhaps the most quoted of Shakespeare’s plays and, when recently watching the Kenneth Branagh movie of Hamlet, I …More
Here’s more news about the implementation of SECURE 2.0. In a recent article, we discussed a provision of the Act …More
As government workers or members of the uniformed services, we’ve gotten used to acronyms. In fact, you will sometimes run …More
In an earlier article, we looked at some of the results of the Thrift Board’s recently released statistics on plan …More
“You can’t tell the players without a scorecard!” That phrase was shouted by hawkers at ballparks back when my father …More
You may recall that, back in May, Senator Marco Rubio (R-FL) introduced bill S. 1650 which, if enacted, would prohibit …More
Did you know that Social Security benefits are subject to federal income taxes? This fact can make you think twice …More
In an earlier article we looked at some of the results of the Thrift Board’s recently released statistics on plan …More
Does it make sense to periodically rebalance your investments in the Thrift Savings Plan? Most financial advisors would say “yes” …More
Some of us choose to manage our retirement investments for ourselves, while others choose to consult with financial professionals about …More
Get Ready! Groups such as the Temptations and Rare Earth have exhorted us to get ready, now it’s our turn. …More
It’s been over a year since the Thrift Savings Plan implemented a new record-keeping contract, with Accenture and Alight being …More
Opening your TSP statement and seeing your balance lower than you expected can feel like a punch to the gut. …More
As a federal employee, you have the option to contribute to a Thrift Savings Plan (TSP) as part of your …More
Almost 40 % of financial advisors suggest that individuals use a “bucket strategy” in withdrawing from retirement savings. A bucket …More
“You’ve got to take the bad along with the good.” Most of us have heard that saying many times over …More
As of Q2 2023, there are over 88,000 TSP accounts with over a million-dollar account balance, and well over 300,000 …More
Special category employees (SCEs) have somewhat different rules regarding FERS retirement and the Thrift Savings Plan (TSP). We’ll look at …More
Lots of federal employees and retirees have some mistaken ideas and thoughts about the Thrift Savings Plan and how it …More
Conceptually, saving for retirement is pretty straightforward: save early, save often, let the power of compounding do the heavy lifting. …More
Who’s your beneficiary? It’s important to have your wishes as to who you want to inherit your Thrift Savings Plan …More
Should you consider your principal residence an investment? This calls for a familiar answer – “it depends”. Housing prices skyrocketed …More
“I can’t contribute more to the TSP because I have kids in college”. Those who urge federal employees to set …More
Carole King crooned “it’s too late baby, it’s too late” in 1971 and it truly is too late for some …More
Do your plans include retirement this year? If so – good for you! Many people choose to retire at the …More
One feature that many Thrift Savings Plan participants like about the TSP is its relatively simplicity. There are only five …More
We’ve gotten good feedback about our earlier “survey says” article and there’s no shortage of statistics (most from surveys) to …More