TSP Name Change: What’s The Difference?
Shakespeare’s tragic p…
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More Assistance Is Coming for Feds Having TSP Transition Issues and Flood Victims
Participants in the federal government’s 401(k)-style retirement savings program have had a difficult month. In addition to suffering losses in the financ…
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Why You Should Consider a Thrift Savings Plan Investment Today
The Thrift Savings Plan (TSP) is a one-of-a-kind retirement plan that provides significant benefits to participants who join …
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How to Get the Most Out of Your FERS Pension
The federal government’s FERS has a three-legged stool of retirement benefits comprising the Basic Benefit Plan, the Thrift …
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Benefits and limitations of thrift savings plan annuity
Annuity, like other retirement plans, is a plan in which you pay a certain amount now, enabling you to receive a monthly allowance until your last breath.
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Converting TSP Money Into Annuities
An annuity is one of several choices for withdrawals from a
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Federal Retiree COLA 2023; The Highest Since 1981
COLA at 8.7% in 202…
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Senators from The Republican Party made a last-minute appeal for the TSP to delay the opening of the mutual fund session
Legislators are concerned that the newly implemented federal retirement savings scheme may encourage government employees to invest in Chinese busin…
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The Limited Eligibility of a Lump-Sum Annuity
Lump-sum annuities (or lump-sum option or alternative form of an annuity) remain a primarily misunderstood portion of the fed…
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The FERS Annuity Is A Great Deal
Whenever it comes to ensuring your financial security in retirement, the FERS annuities are a comparative steal.
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What is the TSP?
Put plainly, the Thrift Savings Plan (TSP) is a type of retirement plan made available to federal government employees, including uniformed service members and memb…
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Retirement COLA? Here’s What To Do
Millions of current and retired federal employees pay attention to the magnitude of the federal pay boost and the retiree inflation catchup every year. As a result, they are even more vital to the communities where they reside, vote, shop, and raise children.
Therefor…
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Special Cases Exempt from the 10% Early Withdrawal Penalty.
Your IRA contributions are made to supplement your i…
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Fed retirees are doing better because of the FERS Annuity’s indexing for inflation
It shouldn’t be a surprise that employees nearing retirement are more scared of inflation, per a recent survey by Schwab Workplace Financial Services®. Monthly costs (mentioned by 35% of participants) and stock market volatility (cited by 33% of participants) came in second and third, respectiv…
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TSP With a Pay-To-Play Arrangement
A magazine reporter on…
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The Installments vs. Annuity Dilemma When Using TSP for Regular Income
The primary reason we contribute to our Thrift Savings Plan account is so that we can begin withdrawing from it at some point in the future. In addition, most of us view our TSP balance as a source of monthly income to aug…
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TSP Compiles a List of June’s New Features
All TSP participants will need to create a new login for the new My Account after the transition in June. This one-time setup process will guide you throu…
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The TSP’s Strategic Plan
Despite the necessity of focusing on day-to-day operational concerns, many firms need help to build a practical and realistic Technology Strategy. The inability to examine essential components of an IT strategy can have disastrous effects on a company’s ability to compete in the marketplace …
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An Annuity from TSP Money
One of the several Thrift Savings Plan (TSP) withdrawal options is an annuity, and it is the least used. Payments may be paid…
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Senate Urges Diversity in TSP Offerings
Senate Democrats are urging the Federal Retirement Thrift Investment Board in Washington to give federal employees more options for investing in funds managed by various a…
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