IRS Rules For Taking RMDs From Multiple Accounts
As you know, your Thrift Savings Plan (TSP) is not tax free. It’s simply tax deferred until you start taking distributions during your...
The Pros & Cons Of TSP Loans
Taking out a loan against your Thrift Savings Plan (TSP) balance instead of taking an in-service withdrawal may seem like a good idea. An...
A Roth TSP Can Be Your Tax-Free Emergency Fund In Retirement
Financial experts agree that retirees need emergency funds to cover unexpected expenses when they’re living on a fixed income. Perhaps...
Are You Taking Advantage Of The TSP Agency Match?
Research conducted by the Federal Retirement Thrift Investment Board (FRTIB) revealed that far too many federal workers were not...
Free Money: The TSP Agency Match
Though similar to 401(k) retirement savings plans in the private sector, the Thrift Savings Plan (TSP) offers a better value in two...
Understanding Your TSP Required Beginning Date
When it comes to taking distributions from your traditional Thrift Savings Plan (TSP) in retirement, you have a number of options. You can...
Should You Tap Into Your TSP To Pay Off Debts?
From home loans and car loans to credit cards, carrying debt into retirement can be scary. That’s why paying it off as soon as possible...
It May Be Time To Revise Your TSP Distribution Strategy
Thanks to the Secure Act 2.0, there are two significant changes that affect distributions from your Thrift Savings Plan (TSP): As a...
What To Do With Your TSP In Retirement
During your years working for the federal government, you make contributions to your Thrift Savings Plan (TSP) to build your nest egg. This...
2023 Annual Contribution Limits For TSP
Since inflation has been at a record high, it has increased the annual TSP contribution limits because they’re subject to annual cost of...