Regardless of how your federal 401k plan is doing, December has some critical dates remaining which investors should know about to get the maximum gains and tax...
If you’ve been maxing out your TSP investments before, during and since the Great Recession of 2008-09, it’s time for a pat on the back. Despite many ups and downs, it’s been over 10 years since the stock market has had a major—20% or more correction—although we came very, very close just before Christmas 2018. For the 12-month period ending in November, the G-fund return is 2.34%, the F-fund is 10.76%, C-fund at 16.09%; S-fund at 11.87% and the I-fund at 12.91%.
For a lookback at the performance of the TSP funds, click here.
Monday’s above-the-fold paper edition of the Washington Post talked about recession fears fading. This despite, and in some cases because of, world events from the British elections and Brexit to trade negotiations with China and dire warnings, again, from North Korea. December has a little while to go and anything could happen.
Meantime, December is an important month for many TSP investors, both for taxes and scheduling purposes. Here are important dates from the TSP Year-end transaction processing schedule:
Year-end transaction processing schedule — (December 2, 2019) The TSP processing schedule for the end of 2019 is shown below and includes information about when transactions (including withdrawals and installment payments) will be processed, as well as when the TSP will be closed during the holiday season.
By Alazar Moges
Space is filled with countless dying stars floating around. Most people would have no idea what to guess if they were asked what space smells like — but because of all the dying stars, space has a distinct scent that has been described as a mix of hot metal. diesel fumes and barbecue.
Source: Popular Science
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Mike Causey is senior correspondent for Federal News Network and writes his daily Federal Report column on federal employees’ pay, benefits and retirement.
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