thrift savings plan

The Thrift Savings Plan is one of the most important parts of a Federal Employee’s retirement plan.  The Thrift Savings Plan is similar to a 401(k) plan offered to Private Market employees and has very similar rules and regulations.  An Advantage of the Thrift Savings Plan is the automatic contributions that FERS eligible employees receive along with the relatively inexpensive average internal expense ratio that is charged to Federal Employees on TSP Fund investments.


Fed Interest Rate Hike and TSP Growth

Economic growth has triggered a Fed Interest Rate Hike and TSP Growth coincides.  Since the start of 2017, the US economic data has steadily improved, and the Federal Reserve is raising rates as a result. A steady increase in the … Read More

What Are the Fastest Growing Retirement Plans?

A recent report has highlighted some of the fastest growing retirement plans and how the assets of the top 1000 retirement plans in the US are growing. The topper in the list is the popular TSP or Thrift Savings PlanRead More

How are Federal Employees’ Benefits Expected to Change Under the New Administration?

Whenever the administration of the country is changed, one of the key issues that pop up in the minds of the federal employees is that how will the new government reform the federal employees’ benefits. Would FERS retirement or Federal Read More

Avoid Thrift Savings Plan Withdrawal Penalties

Federal Employees can be subject to a 10 percent Thrift Savings Plan withdrawal penalties if they wish to access their funds prior to 59 1/2 years old can be subject to a 10 percent penalty. To avoid TSP withdrawal penalties … Read More

Limits of Thrift Savings Plan in 2017

The limits of thrift savings plans in 2017, one of the most popular programs in the U.S. are mentioned here. It will help people to increase or decrease their contributions for the said year.  This information is vital for … Read More

Learning about L Funds by Todd Carmack

Todd Carmack discusses L funds and retirement 

The L Funds (Lifecycle funds) became part of the TSP allocation options in August 2005.   The objective of L funds is to provide a balance between risk and return combined with … Read More

Taxes and Your TSP by David Fielder

Taxes and your TSP by David Fielder

tsp by david fielderYou’ve heard the old saying “The Devil is in the details”, well the TSP is a great example of that.   If you go to the website there are thousands of pages of … Read More

State Employees to Contribute More towards Retirement Benefits

The financial leaders of South Carolina have directed the state employees to increase their contribution towards retirement benefits from July 1, 2016. This step was taken as a part of state’s efforts to reduce the unfunded liabilities related to the … Read More

Getting Started Early for a Successful Retirement by Kevin Wirth

Kevin Wirth Explains How to Get Started Early for a Successful Retirement

Kevin Wirth

Kevin D. Wirth – Retirement Expert

Nearly everyone dreams about the day they can retire. Regardless of whether you plan to hike in the mountains, relax on the … Read More

Investment Fees Cutting Down on Retirement benefits of the Millennials

The Millennial Generation is often encouraged to invest more towards retirement benefits in order to get higher benefits when they retire. But things don’t seem to be as simple as that. A recent analysis has revealed that a lot of … Read More

Federal Employees Need Retirement Help: Survey

A recent survey has revealed that most of the government employees need a lot of help in learning about their retirement benefits. They need someone to guide them on their finances so that they can have a … Read More

Democrats push for more Retirement Benefits Coverage

Many democrats are asking the Obama government to ensure that more government contractors are covered under the retirement benefits plans. Those workers who do not have employer-sponsored retirement savings plans must be given the opportunity to invest in government-backed plans.… Read More

TSP Numbers Are Better Again

When the Thrift Savings Plan (TSP) numbers were in a bad shape in the beginning of 2016, most people did not expect them to improve too soon. The numbers were positive in the month of March and now the latest … Read More

Are you a TSP user? Here is everything you need to know

The Thrift Savings Plan, more commonly known as TSP is one of the most used and probably the greatest investment programs available to the federal employees and retirees. In this article, we intend to cover all the … Read More

TSP Board May Need More Funding

The Thrift Savings Plan, or TSP Board may need more funding for the fiscal year 2016. The main reasons behind it are the cyber security upgrades and the external audits. Another reason is due to the increasing membership. The board … Read More

Know the actual value of a FERS and TSP annuity

When we say that the majority of the federal officers will not have a million dollars (or more) in their TSP Accounts when they retire, we back our statement with facts. Researchers have revealed that only .5 percent of all … Read More

Private sector studied by the TSP board for insight in cybersecurity

The office of Enterprise Risk Management of the Federal Retirement Thrift Investment Board has been in operation for around 3 years now and they have been really busy since their inception. Currently, they have decided to study the private sector … Read More

TSP Funds Show Positivity in March 2016

The TSP funds, which are a preferred retirement saving option of the federal employees has been far too close to the red line. The investors have been waiting for some good news since last 3 consecutive months. The hope of … Read More

TSP Board to Develop Best Cyber Security and Risk Management Procedures

The Office of Enterprise Risk Management of Federal Retirement Thrift Investment Board is studying the loopholes in its cyber security and getting inspired from the private sector to ensure that no TSP data is leaked ever again. Unfortunately, a data … Read More