To protect their annuities from the ups and downs of the stock market, many active and most retired federal-postal workers have a major chunk of their Thrift Savings Plan account in the Treasury securities G fund.
Timing federal retirement right allows you to carry over the maximum amount of annual leave, and in 2020 be paid for most if not all of it at the new higher 3.1% pay raise.
Most of the 5.8 million workers, retirees and former feds with Thrift Savings Plan accounts have some of their retirement nest eggs in the G fund.
Most experts would say it depends on your age, when you plan to retire, and, very important, your risk tolerance.
When it comes time to start withdrawing money from your TSP will you be glad you invested pre-tax, or wish somebody had talked to you about the Roth option?
Last month the Thrift Savings Plan implemented a series of changes in withdrawal rules it hopes/expects will lead to more people leaving their investments in the TSP when they leave government.
Federal workers and retirees are awash in numbers today, some solid, some still forming up. The final total will determine in large part what kind of financial future they have.
Fast approaching is the health benefits open enrollment period from Nov. 11-Dec. 9, when workers and retirees should shop carefully for the best deal for them and their families.
While people are fascinated by the TSP Millionaires Club, the real question is where does your account rank in value?
Bills, budgets and proposals to whack federal retirement benefits used to be the stuff of nightmares for both workers and retirees under FERS and CSRS.