TSP Among Closures from Hurricane Sandy
The Thrift Savings Plan has ceased processing transactions in conjunction with the New York Stock Exchange being closed from Hurricane Sandy.
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.
The Thrift Savings Plan has ceased processing transactions in conjunction with the New York Stock Exchange being closed from Hurricane Sandy.
The Internal Revenue Service recently announced 2013 contribution limits for employees who participate in the Thrift Savings Plan.
The Thrift Savings Program (TSP) is the primary retirement savings method for federal employees, and the benefits are well known. The author says that making withdrawals from your TSP account can be complicated and offers some considerations when deciding to make withdrawals.
How much money is in your TSP account? Here are some averages for the federal workforce and private sector.
Good news for investors: All of the TSP funds had a positive return again in September but investors were cashing out of stock funds and moving into the safety of bonds at the end of the last reporting period.
The author points out that when planning for retirement, you must factor risk into potential returns in order to gain a full understanding when planning your investment portfolio.
All of the TSP funds had a positive return in August with the C fund showing a YTD return of 13.61%.
There are many things to consider when determining an appropriate asset allocation for your TSP. The author discusses a 3-tier investment strategy that is designed to spread risk out over varying lengths of time.
All of the TSP funds have a positive return for the year and most were up in July as well. The G fund hit an all-time low rate of return in June.
Would a “socially responsible” investment option in the TSP improve your financial future?