Federal employees can use a new Thrift Savings Plan tool to weigh the tax costs and retirement advantages of moving traditional balances to Roth.
Thrift Savings Plan participants need to carefully weigh the advantages and potential tax pratfalls of moving their balances to an after-tax investment strategy.
Outside of the I fund, four of the L funds, 2055, 2060, 2070 and 2075, were the next biggest earners, seeing a month over ...
The “TSP Gold Strategy” offers a way to add real protection. By diversifying a portion of your TSP into physical gold through a Gold IRA, you can shield your savings from the devaluation of the dollar ...
The Thrift Savings Plan (TSP), a cornerstone of retirement planning for federal employees and uniformed service members, oversees an impressive $845 billion in assets, making it the nation's largest ...
Starting in 2026, the Thrift Savings Plan (TSP) will give every federal employee a new power move. For the first time, you’ll be able to convert your traditional (pre-tax) TSP balance into Roth (after ...
The Thrift Savings Plan (TSP), a retirement plan for federal employees and uniformed service members, is the nation's largest defined contribution plan, with seven million participants and over $845 ...
TSP operations continue during the government shutdown. Active participants’ loans will remain in good standing. No action is required from account holders at this time. WASHINGTON - The Thrift ...
The Government Accountability Office is set to investigate the Thrift Savings Plan’s recent move to a new online platform following calls from lawmakers to conduct a probe. In an Aug. 8 letter to ...
For government employees who are at or near retirement, the decision to keep assets in the Thrift Savings Plan versus rolling them into an IRA is not necessarily an easy one to make. The most common ...
The Thrift Savings Plan (TSP) is a valuable retirement savings tool for military members, offering tax-advantaged growth and low-cost investment options. When money gets tight, the option to borrow ...
Starting small and staying the course can result in a large amount in your retirement account. (Jared Morgan/Staff illustration; Getty Images) In October 2021, a Coast Guard warrant officer hit a ...