Number of TSP Millionaires Jumps 66% in Q2
The number of TSP millionaires has been on the rise as the stock market rebounds from its March lows.
Federal employee retirement news: news about retirement-related topics as it pertains to employees of the federal government. Topics include FERS, CSRS, the latest TSP performance, annual COLA updates, and more.
The number of TSP millionaires has been on the rise as the stock market rebounds from its March lows.
The author says that falling fertility rates may put further financial strain on Social Security.
Long-term care costs can quickly devour your retirement nest egg. These are some alternative strategies for addressing LTC needs later in life.
Many federal employees assume they will be in a lower tax bracket in retirement. As the author explains, this may not be the case.
The TSP offers an annuity you can use in retirement, but the author cautions there are some downsides to this option.
The coronavirus has disproportionately targeted individuals in long-term care facilities. The author says this is an important reminder for LTC planning.
Losing a parent is difficult, but knowing how to deal with the paperwork process can help ease the burden.
GAO recommends the BLS evaluate the data sources used to calculate the annual COLA as they may not be accurate.
Pretending that Social Security will pay everyone if people want to opt-out will insure that it eventually pays no one.
In what has been a volatile year, the TSP’s C Fund has turned positive in 2020 despite a dramatic downturn in March.