FedSmith.com Users Strongly Oppose Adding Mutual Funds to TSP
The majority of FedSmith.com users said in a recent survey that they are opposed to adding a mutual fund window to the Thrift Savings Plan.
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 majority of FedSmith.com users said in a recent survey that they are opposed to adding a mutual fund window to the Thrift Savings Plan.
All of the stock funds for the Thrift Savings Plan were down significantly in August. Here are the results for the month and for the year for all of the TSP funds.
The author says there are a lot of myths and misconceptions regarding the federal retirement system and benefits for federal workers. He provides an example he recently saw firsthand when providing financial advice to a couple of long time federal employees.
The stock market is down in August and has gone down faster in the last week. What will you do with your TSP investments in stock funds?
The issue of our own mortality is not one we like to think about or discuss with our loved ones. However, it is necessary for proper planning for the future, especially when it comes to matters of personal finance. The author discusses how to maximize some of your most important benefits as a federal employee in the event of your death.
The TSP is moving ahead with adding a mutual fund window to the TSP. What is behind the change in approach, and who will pay for the new funds?
Are the funds inside of your TSP account being put in jeopardy by financial advisors who aren’t looking out for your best interests? This matter was discussed at a Department of Labor hearing last week on a proposed rule change governing the conduct of financial advisors.
I’m a retired fed that’s scared of losing my retirement money. How do I know if I am invested correctly?
There are lots of TSP withdrawal options to choose from, some of them more complicated than others, and if you make the wrong choice you may not be able to fix it. The author outlines five commonly misunderstood facts about TSP withdrawals.
The author says that you do not want to retire too soon and risk financial ruin in your Golden Years, but you also do not want to wait until too late to retire.