As a federal government employee, one key source of retirement income is likely to be the Thrift Savings Plan, or TSP. This is the federal government’s version of a 401(k) plan, a popular retirement savings… Read More
Understanding Your FERS Retirement
If you are a Federal Government Employee planning to retire, the Federal Employee Retirement System (FERS) will play a key financial role in your retirement. FERS, was launched on June 6, 1986, and replaced the… Read More
Using the TSP to Pay Off Your Mortgage
On the one hand, you have a mortgage and a mortgage payment, and on the other, you have your TSP, which you’ve built up through hard-earned savings over time. Retirement is looming, and the thought… Read More
The TSP Goes to China – An Emerging Markets Option?
If you follow your investments closely in the Thrift Savings Plan, you’ve probably read about the controversy surrounding the TSP and China. One of the few issues with the TSP has been the lack of an… Read More
In-Service Distributions from Your TSP Account
When it comes to understanding your TSP withdrawal options, it is useful to differentiate between taking a withdrawal while you are still a Federal employee versus after you have separated from service. We have covered… Read More
TSP Withdrawal Options at Retirement
If you’re a federal employee then chances are you have a Thrift Savings Plan (TSP) account. If leaving federal service for retirement is just around the corner, you may be wondering how to handle… Read More
Leaving Federal Service: Financial Issues to Consider When Taking a Job Outside the Government
One of the primary reasons clients begin working with us is job change. Beyond just a change in employer, there is usually a change in salary, benefits are different and you’ve got to decide what… Read More
Federal Employees and the Impact on Retirement of No Raise
When President Trump announced several weeks ago that he was freezing pay for Federal employees, it had to feel like Groundhog Day. The top pay increase in the last 7 years came in 2010, and… Read More
The Thrift Savings Plan vs. 401(k) Plans
The Thrift Savings Plan, or TSP, is the Federal government’s version of a 401(k) plan and if your goal is better understanding the TSP, we have written an overview of the plan . Is the TSP a 401k?… Read More
How Federal Employees Can Plan a Successful Early Retirement
If you are a federal employee and are considering early retirement, this article will help you understand your options and how to determine if early retirement is feasible. We’ll examine how your FERS annuity and… Read More