Retirement planning is a complex process, and everyone’s financial goals are different. There is no “one-size-fits-all” solution. One crucial aspect of retirement planning is accounting for medical expenses, as healthcare needs typically increase with age....
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...
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...
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...
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...
Navigating the changes in the Thrift Savings Plan (TSP) brought about by the SECURE 2.0 Act might seem complex, but with the right knowledge and strategy, you can confidently prepare for a secure retirement. Adapting to Changes: What Federal Employees Need to Know The...
