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It varies with the stock market, but about 1% of Thrift Savings Plans have more than a million dollars in them. Most so-called TSP millionaires have been working for decades.
Employee retention is a hot topic for many agencies. Agencies have made positive steps toward keeping people, but there are a few things they could still do.
While the Thrift Savings Plan overseers work to fix the TSP website and system behind it, users report ongoing problems: mainly long telephone wait times and a lack of control over monthly withdrawals. Financial coach…
TSP portal, largely fixed now, will still get enhancements in the year ahead.
No one is looking back fondly on last year when it comes to the Thrift Savings Plan. The markets had a terrible year across the board.
It may seem like the Fourth of July weekend was just a couple of months ago, but now 2023 is only three weeks away. It's the season of lists! Make 'em once and check 'em twice! While you're making lists, be sure you've got a year-end financial checklist.
As year-end approaches and federal employees think about retirement plans, here are some things to keep in mind.
The new, expanded TSP is only a few months old. And it's getting lots of attention, good and bad, from its 6 million investors.
A million dollar nest egg may be a reasonable goal at age 25. But that could change by the time you are 50 or 60. Maybe been through a major recession or two. Or seen inflation skyrocket.
Retiring from the federal government isn’t rocket science. And for some people it's even more complicated and baffling. So it helps to have a checklist to keep you on the right career path.
For many people, dating back to World War I, Treasury securities have been a steady part of their personal financial planning.
The new, expanded TSP is only a few weeks old. And it's getting lots of attention, good and bad, from its 6 million investors.
A million dollar nest egg may be a reasonable goal at age 25. But that could change by the time you are 50 or 60. Maybe been through a major recession or two. Or seen inflation skyrocket.
Retiring from the federal government isn’t rocket science. And for some people its even more complicated and baffling. So it helps to have a checklist to keep you on the right career path.