10 Easy Ways to Ruin a Federal Retirement
These are 10 mistakes that federal employees would be wise to avoid when planning for retirement.
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.
These are 10 mistakes that federal employees would be wise to avoid when planning for retirement.
Losses in TSP Funds deepened in September and stocks had the worst nine months of a calendar year since 2002.
One TSP Fund is now down more than 30% in 2022. Here is an update on 2022 TSP fund performance and how TSP website problems have been rectified.
What should federal employees do with their TSP accounts after they retire? These are three options available.
Withdrawing a steady amount from your TSP in retirement is something most people will need, but how exactly can federal retirees do this?
TSP website problems have led to an upcoming GAO investigation and a bill to create an Inspector General at the agency.
One of the Board members on the FRTIB has resigned effective later this month. The agency will still continue to operate as normal.
August TSP fund performance reflects the abysmal performance of the stock market in 2022. Other than the G Fund, all TSP Funds went down in August.
A scam targeting TSP investors nearing retirement by convincing them to sell their TSP funds and purchase high-cost variable annuities has come to an end.
TSP stock funds are still down for the year with very slight gains for three funds in August.