Feds Lead Private Sector in Saving for Retirement
Federal employees are more serious about saving for retirement than are employees in general – or so it seems looking …More
TSP
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Exceptions to the 10 Percent Early Withdrawal Penalty
In a recent article we looked at the origin of the 10% early withdrawal penalty and how it applied to …More
The TSP’s Strategic Plan
I bet your agency has what they call a “strategic plan” which outlines goals for a specified future period of …More
Your FERS Annuity is Worth More Than You Think
How much is your FERS annuity worth? More than you think it is! FERS is a defined benefit plan that …More
Beware Recency Bias When Thinking About Your Retirement
You’ve seen the investment disclaimer before – past performance does not guarantee future results. The reasons for stating this are …More
TSP Investment: Neglect Retirement Savings at Your Own Peril
“I can’t contribute more to the TSP because I have kids in college.” Those of us who urge federal employees …More
Opinion | Commentary
Why So Few are Taking Advantage of TSP Mutual Fund Window
The Thrift Board has said it expects only about 2% to 3% of participants to take advantage of the recently …More
TSP: Congress Eyeing Yet More Changes for Retirement Savings
Dating back to its introduction on March 29, 2019, we have been talking about the SECURE Act; an act that, …More
Installments vs. Annuity: Using Your TSP for Regular Income
The main reason we contribute to our Thrift Savings Plan account is so that we can, at some future date, …More
TSP Life Expectancy Payments Drop for Some
Why did the amount of my TSP installment payments go down? If you are receiving installment payments based on the …More
Opinion | Commentary
Frustrating Debut for New TSP Account Setup, Features
The Thrift Savings Plan has been quickly and seamlessly making changes over the last several years – up until now! …More
Working Longer Not the Only Way to Boost Retirement Funds
A couple of issues ago, we wrote about working longer as a way for those who have fallen short of …More
Your Choices for Distributions from the TSP
Have you given any thought to how you are going to take distributions from your Thrift Savings Plan account when …More
SECURE Act Brings Yet Another Difference Between Roth and Traditional IRAs
Thanks to the IRS’ interpretation of the SECURE Act, there’s now one more difference between traditional and Roth IRAs. In …More
What if You Come Up Short in Retirement?
What if, at retirement, you find out that your retirement income will not be enough to let you continue to …More
Retirement Implications of Reaching Age 59 1/2
We have already passed many age-related milestones thus far in life. Remember when you turned the age of 18 and …More
Understanding Designations and Credentials are Critical for Your Financial Welfare
If credentials are important for lifeguards, arborists, and airline pilots, shouldn’t it be the same for those offering financial advice? …More
Thanks to a Pension, Feds Are Doing Better than Most in Retirement Preparedness
How are you doing when it comes to retirement savings? There are many ways to measure success in preparing for …More
Percentage Based Contributions to the TSP Vs. Fixed Amounts
After reading recently that the most popular TSP withdrawal choice was installment payments of a fixed dollar amount, I wondered …More
TSP Early Withdrawal Penalty: Roth and Traditional
The Internal Revenue Code provides for penalties under certain circumstances and one of those circumstances is a 10% penalty that …More
Military Personnel Participation in TSP Varies by Retirement System
US military personnel are eligible to participate in the Thrift Savings Plan under the same rules as those who work …More
TSP Changes Coming in 2022
The Thrift Savings Plan has been changing for the better ever since its inception back in 1987; and lately, the …More
As Roth TSP Turns 10 Years Old, Future Unclear
Happy Rothday! The Roth IRA is turning 25 years old this year. That means that it is 15 years older …More
High Earner Not Rich Yet; Are You a HENRY?
As current and former federal employees we are familiar with acronyms. Every agency has its own acronym; I worked for …More
SECURE Act Changes for Beneficiaries, RMDs
Just when we thought we understood the changes to retirement distributions from IRAs and employer plans (like the TSP) that …More
Your Nest Egg is Not a Rainy Day Fund
I like to solve crossword puzzles and, on January 11th, when I was doing the Universal Crossword in the newspaper, …More
Retirement Investing: Careful Who You Work With
Around New Year’s you will find articles that list the well-known who have died during the year. Most of them …More
In Review: TSP Modernization Act Two Years Later
Two and a half years ago the Thrift Savings Plan embarked on the first of many changes that were designed …More
How much is that investment in the new TSP mutual fund window?
Increasing diversification can be overwhelming and time-consuming. In his play, As You Like It, Shakespeare has Rosalind ask her lover, …More
20 Percent of TSP C Fund Invested in FAANG Stocks
Do you know that you hold shares in Facebook, Apple, Amazon, Netflix and Google? Probably quite a few shares. These …More
