What Happens When A Spouse Passes Away In Retirement?
Though it’s difficult to think about losing your spouse, you can’t overlook how it may impact the income of the surviving widow or...
TSP Update: Summary Of Current & Upcoming Changes
On December 29, 2022, President Biden signed the Setting Every Community Up for Retirement Enhancement Act of 2022 (SECURE Act 2.0) into...
The TSP Life Annuity: Get The Facts Before You Decide
The Thrift Savings Plan (TSP) Life Annuity is an insurance product from MetLife that offers a different option for taking distributions...
The Pros & Cons Of The Roth Thrift Savings Plan (TSP)
In 2012, the Thrift Savings Plan (TSP) started offering federal employees another option for retirement savings: the Roth TSP. The...
The End Of RMDs For The Roth TSP & Other Advantages
Good news — the new SECURE Act 2.0 has put an end to Required Minimum Distributions (RMDS) from your Roth Thrift Savings Plan (TSP)...
IRS Announces 2024 TSP Contribution Limits
On November 1, 2023, the Internal Revenue Service (IRS) announced the 2024 contribution limits for retirement accounts. The limit for a...
Which Is Better? The Traditional TSP Or Roth TSP?
The big difference between the Traditional Thrift Savings Plan (TSP) and the Roth TSP is really about when you want to pay taxes on...
Are You Headed Into Retirement With A TSP Loan?
There are a number of reasons why taking out a Thrift Savings Plan (TSP) Loan may seem attractive to federal employees. With interest rates...
Have You Saved Enough For A Very Long Retirement?
A survey conducted by the Federal Retirement Thrift Investment Board (FRTIB) revealed a number of interesting viewpoints on this topic...
Reasons To Avoid Taking A TSP Loan
What is your highest value, financial asset right now? If you crunch the numbers, you’ll likely find that the balance of your Thrift...