TSP Considerations Before and After Separation
For employees only – that describes Thrift Savings Plan contributions. You are not allowed to contribute to the TSP once …More
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Just 15 Percent Make Catch-up Contributions
A recent survey conducted by Vanguard showed that only 15% of 401(k) participants aged 50 and older made catch-up contributions …More
There Could be More TSP Millionaires but for These Two Things
The April 2024 statistics had approximately 117,000 Thrift Savings Plan (TSP) Millionaires for 6.9 active TSP plan participants. Let’s look …More
Taxable Income vs Earned Income
We recently wrote about various earnings tests and described how earned income is different from taxable income. Earned income is, …More
Can You Spot a Ponzi Scheme?
A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from …More
Thinking of Rolling Over Your TSP? Read This
Many separated TSP participants choose to roll their money out of the Thrift Savings Plan. And by far, the most …More
Mutual Funds, ETFs and Fractional Shares
If you want to invest in the stock market and don’t have enough money to buy individual shares in publicly …More
No, TSP Income Does Not Count Toward Earnings Test
Does income you receive from Thrift Savings Plan distributions count towards the earnings test that apply to the Retiree Annuity …More
TSP: Would you Prefer to Sleep Better, or Eat Better
Financier John Pierpont (JP) Morgan was known for his pithy quotes about investing. One of them that bears repeating is …More
Don’t Let Statistics Distract You on Road to Retirement
“There are three kinds of lies: lies, damned lies, and statistics.” This quote is attributed to Mark Twain and is …More
Never Too Late to Improve Your Retirement
“It’s never too late if you start now!” That is a saying that applies to almost everything. It’s not too …More
The TSP Rollercoaster vs. the G Fund Merry-Go-Round
During my 37 years of being a Thrift Saving Plan (TSP) participant, I have been on many different TSP Rollercoasters, …More
Retirement Account Early Withdrawal Penalties and RMDs
A 10% early withdrawal penalty will apply to any post separation withdrawals from the TSP that are taken before the …More
Contact Info for the TSP ThriftLine
It’s hard to hit a moving target. Well, the Thrift Savings Plan has moved a few times in its lifetime. …More
TSP, Slow but Steady
No one has ever accused the TSP of being an early adopter of change. Here are a few examples of …More
Automate Your Savings: If You Don’t See it, You Won’t Miss It
Can avoiding a daily latte, or avocado toast put you on track for a successful retirement? According to financial author …More
Survey: Most TSP Participants Lack Outside Savings But Confidence Ticks Up
Earlier this year we looked at the results of the Federal Retirement Thrift Investment Board’s 2023 financial wellness survey and some …More
A Walk Through the TSP Website, July 2024
In June of 2022, the Thrift Savings Plan (TSP) Board did a major overhaul of the TSP website to make …More
Is 100 Percent in the C Fund a Good Idea?
Federal employees enjoy various benefits. One benefit most federal employees rely on in retirement is the TSP (Thrift Savings Plan). …More
More Equities in Your TSP Account by 2032? You Don’t Have That Long to Wait!
The Federal Retirement Thrift Investment Board (FRTIB)—the entity responsible for administering the TSP—recently published their May 2024 meeting minutes. In …More
TSP Doing Away with Security Questions as Part of Auth Process
The Thrift Savings Plan announced recently that they will no longer be using security questions as part of their multi-factor …More
Time to Embrace the TSP Mutual Fund Window, Warts and All
I have read many of the articles. I have even written a few of them myself. Yes, the TSP’s mutual …More
Best TSP Investment Strategies in 2024
Success in the TSP is not magic or accidental. It only happens when federal employees follow a few key principles. …More
College is Expensive: Are TSP Withdrawals an Option?
Education is one of the most significant investments you can make in your children, grandchildren, or other loved ones’ futures. …More
The Size of the TSP Funds Don’t Always Match Performance
Does size matter? There’s a large injury law firm that advertises a lot in our market and one of their …More
Have $1.5M in You TSP? Don’t Worry FERS and Social Security Will Make Up for It
Do you have $1,460,000 saved up for retirement? According to a study conducted by Northwestern Mutual, this amount is what …More
TSP Ending ‘Arbitrary’ 30-Day Wait Period Between Withdrawals
The Thrift Savings Plan is making it even easier for separated participants to withdraw funds. Effective May 15, 2024, there …More
Think a Will Determines Who Gets Your TSP? Think Again
“Where there’s a will, there’s a way.” According to Merriam-Webster®, this idiom means that “…if someone has the desire and …More
TSP L Funds a the Default, but Not Ideal for Everyone
There are 5 basic TSP funds: C, S, I, G, & F. Each fund has different characteristics that can be …More
How Much Would the Impending I Fund Change Have Already Cost You?
Thankfully, the I Fund’s index through the end of May 2024 hasn’t changed much. How do I know? Last month, …More
