The Top TSP Mistakes That Can Wreck Your Retirement
Are you making these mistakes with your TSP account? They can hold you back in reaching your retirement goals.
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 making these mistakes with your TSP account? They can hold you back in reaching your retirement goals.
There are three main sources of income in retirement under FERS. How much income can a federal retiree expect to get from these?
Is there a one-size-fits-all TSP allocation that all federal employees can use?
One TSP stock fund has showed strength in an unusual year and one surprising TSP fund leads all others so far in 2020.
Having a legacy plan is important in caring for your loved ones. These are some considerations for federal employees.
The IRS has announced the 2021 contribution limits for the TSP and IRAs.
Paying taxes is never fun, but there are ways to minimize your tax burden. These are three important ones that apply to federal employees.
Despite dramatic ups and downs, one TSP stock fund is up more than 10% in 2020.
The FRTIB has awarded the second of two fund manager contracts for four of the TSP’s core funds.
Data from the TSP show that the Roth option is far less popular than the traditional. The author discusses why this may be the case.