Inflation Rate, 2023 COLA Prediction, and How Much Your TSP is Declining
The increase in the inflation rate slowed in April but is still rising at a pace not experienced in decades. What is the impact on the 2023 COLA and the TSP?
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 increase in the inflation rate slowed in April but is still rising at a pace not experienced in decades. What is the impact on the 2023 COLA and the TSP?
A final rule implementing the new TSP mutual fund window is set to go into effect on June 1, 2022.
A mutual fund window and mobile app are among the changes that are coming to the TSP in early June.
The performance of the TSP funds so far in 2022 reflects the worst start for stocks since World War II.
Interest rates are projected to increase to deal with rapidly rising inflation in 2022. What does this mean for federal employees?
The 2022 TSP performance has been disappointing so far in 2022 because of the downward trend in stocks.
What investment options are available in the TSP and how do they work?
The number of TSP millionaires dropped 11% in the first quarter of 2022 as the stock market declined.
Concern over TSP investments in China have led to a hold in the Senate on voting to confirm nominees to the FRTIB.
Should federal employees use the new TSP mutual fund window? A financial planner shares his opinion.