Tag: TSP
Decoding Your Service Computation Date
A Service Computation Date (SCD) plays a pivotal role in shaping a federal employee’s access to various benefits and programs. How it’s ...Effects of a Divorce on Your TSP
What happens to your Thrift Savings Plan (TSP) during a divorce? Your account can be split through a court-issued divorce decree, annulment, ...TSP Options After Leaving Federal Service
With federal employees facing growing job uncertainty amid daily reports of workforce reduction efforts, understanding your benefits has never been more critical—especially ...Understanding the Role of the C Fund in Your Retirement Strategy
The Thrift Savings Plan (TSP) is a retirement savings program designed for federal employees, offering a variety of investment options to suit ...Understanding Required Minimum Distributions (RMDs)
When you contribute to tax-advantaged retirement accounts like your TSP, those contributions are typically made pre-tax, meaning they haven’t been taxed yet. ...Why Emergency Savings Matter for Retirement Planning
A recent analysis sheds light on the pivotal role that emergency funds play in safeguarding retirement goals. Without an adequate financial cushion ...The Rise in Retirement Account Withdrawals
Recent studies and reports reveal a significant rise in withdrawals and loans from retirement accounts like 401(k)s and Thrift Savings Plans (TSP), ...Pros and Cons of Rolling a TSP into an IRA
Rolling your TSP into an IRA has its pros and cons, which can affect your retirement strategy. Here’s a breakdown of the ...In-Service TSP Withdrawal Or TSP Loan?
Despite our best efforts, we sometimes find ourselves in a position where we need a bit of extra cash to help cover ...Retirement Planning: 10 Years Out
If your FERS retirement date is 10 years away, it might seem like you have plenty of time to create a financial ...
