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...
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...
The SECURE 2.0 Act is designed to help Americans bolster their retirement savings and strengthen their financial security. Here’s what you need to know about the SECURE 2.0 Act of 2022. Key Provisions of the SECURE 2.0 Act Increase Required Minimum Distributions (RMD)...
