Changing the Automatic TSP Allocations for New Employees
A bill introduced this week would alter the automatic TSP investments for new federal employees. Here are the details.
If you are a federal employee, you may be wondering how to plan for your retirement and make the most of your Thrift Savings Plan (TSP). The TSP is a tax-advantaged retirement savings plan that allows you to invest in various funds and options, depending on your risk tolerance and goals. On this tag page, you will find articles and resources that will help you understand the benefits and features of the TSP, as well as tips and strategies to increase your investment returns and secure your future income. You will also learn about the latest news and updates on the TSP performance, fees, withdrawals, and more. Whether you are just starting your federal career or are near retirement, these articles will provide you with valuable information and guidance on how to make the best use of your TSP.
A bill introduced this week would alter the automatic TSP investments for new federal employees. Here are the details.
The author outlines special retirement considerations in areas such as FERS annuity calculations, the Thrift Savings Plan, and insurance for federal employees who work in law enforcement.
The Thrift Savings Plan is an important component of your retirement plan, but it’s up to you to utilize it to its full potential. The author offers some benefits and challenges of the TSP as well as some investment approaches to consider.
The stock market decline in January did not carry through into February as stocks continued to go up. The F fund also went up–good news for investors in this fund which had a bad year in 2013.
Are the lifecycle funds a good investment for you? Here is a summary of how these funds are constructed.
The TSP issued a statement saying that balances in the G fund will be unaffected by the recent steps the Treasury has taken to avoid hitting the debt ceiling.
The debt ceiling limit will again be reached on February 7th so the government will take “extraordinary measures” to fund the government. This means that retirement assets of federal employees, including the TSP G fund, will again be used to help fund government expenses.
Stocks went down in January. Does the January indicator mean you should dump your stocks? Also, see how investing in the C fund versus the G fund may have impacted TSP account balances over the previous three years.
The new retirement savings vehicle that President Obama proposed in his state of the union address would give all Americans access to an investment that mirrors the G Fund inside of the Thrift Savings Plan, something previously only available to federal employees.
When you leave federal service and have a Thrift Savings Plan account, should you withdraw your money or leave it in the TSP? Here are several considerations before you make this decision.