Ask yourself if, when you start tapping your TSP you’ll be glad you invested pre-tax, or do you wish you had taken the Roth option?
Because of the 2017 tax law, many were surprised to learn that it no longer paid to itemize deductions that had been important in the past.
Thanks to a 1997 tax law that included the then-new Roth option, many people saving for retirement now have two choices.
Estate planner Thomas O’Rourke joins host Mike Causey on this week’s Your Turn to discuss the best strategies for maximizing the amount of money you have in retirement, including how to prep for retirement and the advantages of both the traditional TSP and the Roth TSP. October 31, 2018
Few people have enough money to purchase a decent annuity but federal workers who contribute to their FERS and CCSRS plans get guaranteed lifetime income and can also provide a survivor annuity.
A 15-year fed describes why he thinks the advice “spread your bets” should also be applied to taxes and the TSP options, not just investing and casinos.
Subscribe to For Your Benefit’s daily audio interviews on Apple Podcasts or PodcastOne. Insight by NITP, Inc April 9, 2018 – Host Bob Leins welcomes Karen Schaeffer, Certified Financial Planner®. In honor of Financial Literacy Month, Karen will…
Government workers have a relatively new investment option and Senior Correspondent Mike Causey says it’s growing in popularity because of its tax break.
Financial planner Arthur Stein is this week’s guest on Your Turn. He will discuss the differences between a regular TSP account and a Roth TSP, and which one is right for you. June 1, 2016
Congress is working on two bills that impact the Thrift Savings Plan. But this time you don’t need to worry about someone messing up a good thing. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. She tells In Depth with Francis Rose how both bills may affect you.