Tag: RMD

Retirement

Understanding Required Minimum Distributions

When you put money into your TSP or other tax-advantaged retirement accounts, the contributions you make have not been subject to income...

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Resources

Required Minimum Distributions Explained

When you put money into your TSP or other tax-advantaged retirement accounts, the contributions you make have not been subject to income...

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Benefits

How The TSP Works Upon Your Separation From Service

Did you know that you can complete most TSP transactions entirely online when you log in to My Account? There you’ll find tools and...

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Resources

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From The Go-Go Years To The Twilight Years, Plan For Every Stage Of Retirement  

When it comes to retirement, many federal workers are eager to plan Bucket List adventures for the first few years after they separate from...

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TSP

The TSP 30-Day Withdrawal Rule For Retirees Expired On May 15, 2024  

As of May 15, 2024, the Federal Retirement Thrift Investment Board (FRTIB) has eliminated the 30-day restriction rule giving federal...

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TSP

Upcoming Changes To Thrift Savings Plan (TSP) Contributions

Since Congress passed the Setting Every Community Up for Retirement Enhancement Act of 2022 (SECURE 2.0), two upcoming changes in the new...

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TSP

Understanding How Divorce Affects Your Thrift Savings Plan 

Getting a divorce when you work for Uncle Sam can get tricky because your employment is governed by provisions in federal law. Divorce...

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News

2024 Tax Breaks For Seniors Age 65 & Over

With the April 15th, 2024, deadline for filing your 2023 tax return looming up ahead, it’s important for seniors to understand options...

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Resources

How TSP RMDs & Rollovers Work At Age 73

Why does the IRS want you to take Required Minimum Distributions (RMDs) from your traditional Thrift Savings Plan (TSP) at age 73? The...

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TSP

What Happens When The TSP Is Notified Of Your Retirement

As your FERS retirement date grows near, it’s important to understand how your account is handled once the TSP receives notice of your...

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