S Fund Back on Top in May TSP Returns
The S and C funds provided healthy returns to investors in May but the I fund, while still leading for the year, finished in negative territory for May.
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 S and C funds provided healthy returns to investors in May but the I fund, while still leading for the year, finished in negative territory for May.
The Federal Reserve has released a new study gauging Americans’ overall financial health. The results show that while Americans have become more optimistic about their financial situations, many remain unprepared for retirement or an emergency situation.
Changing your TSP contribution election to add the Roth option can be a little tricky. If done wrong, this could cause a FERS participant to lose out on thousands of dollars. The author explains by way of a real life example how this can happen and how to avoid making the mistake yourself.
The author addresses some common misconceptions that federal employees have when it comes to investing in the Thrift Savings Plan and penalties they might incur for early withdrawals from their accounts. He provides details on some different strategies federal workers can use to avoid these extra taxes.
Congressman Don Beyer (D-VA) has introduced legislation that would give federal employees the option to invest through the Thrift Savings Plan in companies that demonstrate a strong commitment to gender diversity and women’s economic empowerment. Is this a good idea?
The Federal Retirement Thrift Investment Board (FRTIB), the group that manages the Thrift Savings Plan (TSP), has announced that it has selected Blackrock Institutional Trust Company, N.A. as the manager for the C Fund.
I am 56 years old and will retire under FERS after 24 years. Can I withdraw a partial amount from the TSP without penalties?
Spring Cleaning is basically just trimming away the excess, updating, and even evolving. It’s a great idea to do this with many areas of your life, including your retirement portfolio. The authors outline three simple steps you can take to put your spring cleaning plan for your retirement savings into action.
The House has passed legislation that would allow Federal law enforcement officers, firefighters, and air traffic controllers to make penalty-free withdrawals from governmental plans after age 50.
Two different budget proposals on opposite ends of the political spectrum were pitched by lawmakers on the road to the budget proposal that was recently approved by Congress. What did these proposals have to say about your pay and benefits?