Understanding and Getting the Most Out of FERS
This is a basic guide to help federal employees understand some of the key points of the FERS system.
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.
This is a basic guide to help federal employees understand some of the key points of the FERS system.
You finally got your wish and are being offered a financial incentive to retire early! Before you take it and run, you should logically think it through to determine if it makes sense looking at the Big Picture.
2013 has been one of the top years for stock fund investors who have put their money into the stock funds.
The Thrift Savings Plan has provided favorable returns to stock fund investors over the past several years. One indicator is the increasing number of TSP investors with at least $1 million in their TSP accounts.
Thrift Savings Plan investors have enjoyed excellent returns so far in 2013. The C fund is now up 29.17% for the year and the S fund is up 34.40%. The G fund is up 1.69%.
Legislation has been introduced in Congress that would direct the Federal Retirement Thrift Investment Board to set up a “socially responsible” investment option within the TSP.
Three Senators have reintroduced legislation that would end the defined benefit pension portion of the Federal Employee Retirement System (FERS) for new federal government hires.
The TSP stock funds are continuing to climb in 2013. How do TSP investors distribute their investments? The article offers some clues as to which funds are preferred by these investors.
More 2014 numbers have been announced, this time by the IRS and the TSP.
Federal employees can contribute up to $17,500 in employee contributions to the TSP in 2014.