When it comes to career planning, many federal agencies do an excellent job. But when it comes to providing financial planning, most federal agencies do little if anything.
When it comes to getting quality career financial advice from your employer, a lot of people say many government agencies provide the best overall quality advice.
Would you buy a book about how to make a million dollars from an individual who is selling a book about how to make it or a long-time fellow fed who’s TSP account just passed the million dollar mark?
While it is virtually impossible for a federal or postal retiree to run out of money, it is possible to run dangerously low — even with an annuity indexed in whole, or part to inflation.
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.
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.
What's a glassy-eyed carp in a dirty pond got to do with pandemic life?
Financial planner Arthur Stein says that many feds don’t understand that their TSP retirement nest egg is not really an investment.
What do you think you would have done had your crystal ball been working a year ago? Better yet, what will you do the next time?
In today's Federal Newscast, the Thrift Savings Plan crosses the $700-billion threshold for the first time ever.
In today's Federal Newscast: Thousands of participants, embracing the CARES Act, have taken money out of their TSPs. Furloughs at USCIS have been canceled or, perhaps, just postponed. And Chad Wolf might finally get a permanent job, after serving as acting DHS secretary since November.