Should You Leave Money in the TSP? 7 Points to Consider
Should federal employees leave money in the TSP after leaving federal service? These are 7 points to consider.
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.
Should federal employees leave money in the TSP after leaving federal service? These are 7 points to consider.
How is the G Fund interest rate calculated? If inflation takes off, will money invested in the G fund earn a higher interest rate?
The IRS has revised a policy on catch-up contributions that will impact TSP contributions for many federal employees.
Recent estimates project that the 2024 TSP annual contribution limit will increase to allow federal employees to save more for retirement.
TSP returns so far in August 2023, government shutdown news and TSP L Fund returns over 10 years.
Which TSP funds does Dave Ramsey recommend for federal employees?
Should federal employees use the L Funds or assemble their own mix of the core TSP funds?
Do federal employees have to worry about their investments in the TSP supporting Chinese companies?
Because the IRS primarily looks at income, retired federal employees who are “poor” in this sense will pay fewer taxes.
A tax plan can help retired federal employees avoid overpaying taxes on TSP withdrawals.