Although many don't think about it, you likely have an estate you will leave behind. Planning ahead could save you and your family lots of money and heartache.
Thrift Savings Plan millionaires, many of whom never expected to make it there, provide some perspective.
In March of 2020, there were 27,212 individuals with $1 million or more in their Thrift Savings Plan accounts. One year later, the TSP millionaires club has grown to 84,808 members.
The number of active and retired feds with $1 million or more in their Thrift Savings Plan accounts has jumped to a record 84,808 as of March 31 of this year.
Want to have a million dollars, at least, in your federal Thrift Savings Plan when you retire? Abraham Grungold, a financial adviser and current federal employee, can help you reach that goal.
Last month, all funds except the fixed income investment F fund and the securities-backed G fund had higher returns compared to March 2020, when the pandemic was in full swing domestically.
It's a stretch to say Thrift Savings Plan participants are over the G fund, but the array of lifecycle options are picking up popularity for several reasons.
More Thrift Savings Plan investors than you think may not understand exactly what their retirement nest egg is invested in.
Planning for retirement is a process that doesn't have to be a painful if you avoid some common mistakes. It will pay off big to know what they are and avoid them.
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?