Returning to 1933? How Are Your TSP Funds Performing in 2016?
The stock market made its biggest quarterly comeback since 1933 according to one recent headline. How did your TSP stock funds do in March?
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 stock market made its biggest quarterly comeback since 1933 according to one recent headline. How did your TSP stock funds do in March?
The Internal Revenue Service said in a statement Monday that taxpayers who turned 70½ during 2015 must start receiving required minimum distributions (RMDs) in most cases from Individual Retirement Accounts (IRAs) and workplace retirement plans by Friday, April 1, 2016.
If you are the spouse of a federal employee who has passed away, what do you need to do with regards to the benefits? And if you are a federal employee, what should you do to make sure your spouse is prepared if you die? This is a list of steps to take should this unfortunate event take place.
The House Budget Committee released its budget proposal for 2017 last week, but details at the time were lacking about what it might mean for federal workers. However, a new report from the Committee gives federal employees a glimpse into what the House budget would mean for them.
What can federal employees expect to happen to their benefits if they pass away after retiring from federal service?
Can I opt out or not contribute to the FERS-FRAE annuity system?
The House Budget Committee has released its FY 2017 budget proposal. Unlike past budgets, this one lacks some of the direct targeting of federal employees through proposed cuts, but it still includes some proposals that are applicable to federal workers. Here is a summary of these proposals.
These are some “red flags” that federal employees should be aware of when working with a financial advisor.
One TSP fund is down almost 15% over the past 12 months. Another TSP fund is up 2.08% for the past 12 months. Here are the latest results for all TSP funds as of the end of February.
Your savings inside of the Thrift Savings Plan that you worked so hard throughout your federal career to accumulate are a large component of providing income in retirement. It is important, therefore, to make sure you make the right choices with regards to preserving these funds. The author provides some advice for federal employees on different ways to determine what constitutes good and bad advice as it relates to their savings inside of the TSP.