Retirement Planning Archives - United Benefits
HSAs and Tax Savings

HSAs and Tax Savings

Setting aside money in a Health Savings Account (HSA) can help you financially prepare for medical expenses while also taking advantage of significant tax savings. Unlike Flexible Spending Accounts (FSAs), any unused funds in an HSA at the end of the year roll over...
Thrift Savings Plan: Mid-Year Update

Thrift Savings Plan: Mid-Year Update

From benchmark index updates to enhanced withdrawal flexibility, here’s what you need to know about changes to the Thrift Savings Plan (TSP). I Fund Benchmark Index Change in 2024 As previously announced, in an effort to improve performance and align with broader...
Should I Be Contributing to the ROTH TSP?

Should I Be Contributing to the ROTH TSP?

Some of the most common questions about the Thrift Savings Plan involve the ROTH option. Federal employees want to know if it could be a good option for their retirement dollars and how it differs from the Traditional TSP. In this post, we’ll explore the...
How to Become a Millionaire with Your TSP

How to Become a Millionaire with Your TSP

Becoming a millionaire may seem like a daunting task, but with careful planning and a long-term perspective, it is possible to reach this financial milestone. One way to work towards becoming a millionaire is by saving and investing through the Thrift Savings Plan...
How to Prepare for Long-term Care: What Are My Options?

How to Prepare for Long-term Care: What Are My Options?

Preparing for long-term care expenses is an important part of your retirement planning process. It’s not an enjoyable topic to discuss, but it is necessary. In the US, someone who turns 65 today has a 70% chance of needing some type of long-term care as they...