When determining your FERS pension, you will need to calculate your High-3 Salary is a very important part of your FERS pension calculation. Your High-3 Salary is the highest average of BASIC pay you earned during any 3 consecutive years of Federal service. Your...
From Hired to Retired: Your Federal Career Roadmap How to Navigate Benefits in Your New Career When you begin a new career, you have several decisions that need to be made regarding your benefit. Oftentimes, these decisions can have a huge impact on your future. In...
Content adapted from material by Soeren Svendsen Annuity Reserve. What do annuities have to do with the greatest major league baseball player of all time? The Babe took advantage of one of the greatest solutions to protecting retirement income – annuities. In...
If your goal is to leave your TSP balance to your beneficiaries after you pass away you may be wondering how the Required Minimum Distribution affects their inheritance. Once you reach the age of 72 and are separated from federal service, your Thrift Savings Plan...
The G Fund is a popular TSP option since it’s a protected account, but there’s an alternative that offers good returns as well. A protected account is an investment account that can grow but cannot lose money. The G Fund (the G stands for Government...
Paying off a home is something we all strive to do; however, is it worth it to use funds from your Thrift Savings Plan (TSP)? The short answer is that it depends on your situation. To figure out if it’s the right decision for you, you can ask yourself a few...
