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.
Are you interested in a new program that may enhance your future retirement? Back in June 2009, legislation was passed authorizing creation of a Roth plan using after-tax salary into an account that will grow without any additional tax liability on future earnings. That option is now being implemented.
The stock market cooled in November with a number of the TSP funds losing ground. No doubt, future and current federal retirees are hoping for a “Santa Claus” rally.
The SandP 500 index (the index on which the C fund is based) went up about 13 percent in September and October, the best performance in these months since 1998. Here is a summary of the TSP funds for October and the year-to-date.
Congress is considering changes to your TSP. How should this impact your retirement investment decisions?
How safe are your investments in the TSP? It is a model program for retirement, according to some experts, but keep a close eye on it. Some in Congress see a better way to invest your money–and, perhaps, a way to help out some of their constituents at the same time.
Thrift Savings Plan investors are undoubtedly disappointed with the returns in the TSP funds in August and so far in 2010. Stocks are down for the month–at a rate not seen since August 2001.
When you retire, you will be faced with many choices as to what to do with your Thrift Savings Plan investments. If a financial advisor is suggesting that you roll your money into an IRA, ask why. Is it because the IRA is really a better investment, or is it that he/she will earn a fee from the transaction?
After two months of declining stock prices, the underlying Thrift Savings Plan stock funds had a good month. How are CSRS and FERS employees investing their TSP funds? There are differences and you can compare your diversification to the rest of the federal workforce. Here are the July and year-to-date results.
What does it mean to “time” the stock market? It depends on your definition. In its simplest form Asset Allocation is diversification. The author says that diversification and trending may help some people improve their investment return in the TSP.
The automatic enrollment provisions of the Thrift Savings Plan begin with the first full pay period in August. Here is how this new provision will work.
