Financial planner Arthur Stein says that many feds don’t understand that their TSP retirement nest egg is not really an investment.
Planning for retirement isn't rocket science, but in some ways it is more challenging because ultimately you'll be riding that rocket however long it takes.
The Thrift Savings Plan saw more positive activity last month than in January, according to monthly returns released Monday. Only the fixed income investment F fund finished February in the red while all other stock and Lifecycle funds finished in the black.
When they retire, many federal and postal workers pull their retirement nest egg money out of the Thrift Savings Plan. But is that wise?
Because the Thrift Savings Plan's G fund never goes down, in other words it is “safe." But that also depends upon what you mean by “safe.” When is playing it "safe" actually risky?
Most savvy investors, whether they work on Wall Street or an IRS office in Austin, know a sure way to make money in the stock market is to buy low and sell high.
What do you think you would have done had your crystal ball been working a year ago? Better yet, what will you do the next time?
Most of the 75,420 (as of Dec. 30, 2020) feds with $1 million-plus Thrift Savings Plan accounts have three things in common. And you can join them.
This year’s new twist income tax nightmare comes courtesy of a global pandemic. Frustrated folks are dealing with outcomes of the CARES Act and how it impacts their 401k plan.
So what are you doing for the next 10-20-30 years? Equally important, if you are a fed, is what will your Thrift Savings Plan be doing during that time?
The first returns of 2021, released by the TSP on Monday, showed all funds' performance either stagnated or declined since December.
The Thrift Savings Plan had a banner year in 2020, all while participants withdrew nearly $3 billion from the plan due to the ongoing COVID-19 pandemic.
Many are looking to hit big with the lottery quickly. But for those who have Thrift Savings Plan accounts, some patience and good planning can pay off big.
Inauguration Day is the perfect time to ask yourself where you will be 4 years from now. Looking for advice? Usually a good idea, provided you ask the right person.