First, it may be helpful to explore if Roth contributions to your TSP or Roth conversions outside of your TSP are helpful to you during your lifetime.
Thrift Savings Plan returns remained mostly positive in February, with only one fund posting negative returns.
Thrift Savings Plan operations continue normally during a shutdown, but the TSP offers some relief to participants who are affected.
Retirement itself has an uncertain meaning, since people do things after they leave government that seem like work. Sometimes they actually do launch new careers. Others feel fine with traditional retirement.
After a strong finish in December 2023, Thrift Savings Plan started 2024 with negative returns in January.
If the 2023 stock market showed anything, it is that you cannot predict the stock market. Instead, you need a strategy you can stick with. To find out what the rear-view mirror is telling investors,…
Close to 87% of TSP participants are now contributing enough to their retirement accounts to receive the maximum matching contribution rate from the government.
In December, TSP returns continued a climb that brought continued positive returns for the year.
The I Fund, that is the international stock fund operated by the Thrift Savings Plan. Next year, the Federal Retirement Thrift Investment Board will overhaul how the I Fund goes about making investments.
More than a million military service members participate in the so-called blended retirement system. It lets them make TSP-style savings contributions that are portable. The funds go with them when they leave the military. But there is more to financial readiness, something to think about in a high-spending season.
A few things Thrift Savings Plan participants should know about upcoming changes from the SECURE 2.0 Act, aiming to make it easier to save for retirement.
Even in today's inflationary times, the word millionaire has a certain cachet. With a little self discipline and the power of compound interest, millionaire status is available to federal employees who make wise use of the Thrift Savings Plan.
'Tis the season to be jolly. But don't get too distracted from important priorities, like end-of-year financial planning. For some orientation, the Federal Drive with Tom Temin spoke with Thiago Glieger, a wealth adviser with RMG Advisers of Rockville, Maryland, a firm that specializes in federal employees.
After 3 months of mostly negative returns, Thrift Savings Plan funds bounced back with positive returns in November.
For Thrift Savings Plan investors, 2023 showed some positive signs. The year also brought some changes to the "I" Fund. For more, Federal News Network's workforce reporter and co-host of the podcast Fed Life, Drew Friedman, talked with certified financial planner Art Stein on the Federal Drive with Tom Temin.