TSP Updates - New Thrift Savings Plan Mutual Fund Window

In June of 2022 The Thrift Savings Plan, which is the retirement plan available for all military and federal workers, is being updated with many big changes. There will be a lot of cosmetic changes, a new website design, a new mobile app, and improved online process for completing paperwork for rollovers and withdrawals. But perhaps the change with the biggest impact on your retirement is the addition to what they are calling the mutual fund window. This adds thousands of more investment options onto the TSP platform. Now you will have many more options than just the G, F, C, S, and I funds you have been used to in the past. And while it may seem that adding more investment options would be a good thing, there are a few things you’ll want to understand before making the change. First, there’s added fees if you elect to use these new investments. In addition to a $150 per year administrative fee, there is a $28 fee for each trade in the mutual fund window, and the potential for much higher fees by way of the expense ratios on each of the new investment options. Depending on your account balance and the new funds you choose, this may result in thousands of dollars in extra fees per year. So, before you jump into any new investments outside of the traditional TSP funds, make sure that any perceived benefits are worth the added price. For most, they won’t be. Because ultimately, what made the TSP such a great plan is that it offered very low cost investment options really some of the lowest fees anywhere in the industry, and made it simple to create a diversified portfolio. While the options may have seemed limited, it also kept a lot of investors out of trouble by avoiding higher risk, and higher fee options that exist for others using IRAs or other 401(k) plans. Now, TSP users will need to be extra careful that the investments they choose are truly the best option for them and they aren’t being taken advantage of....(read more)

LEARN MORE ABOUT: Thrift Savings Plans
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing

https://inflationprotection.org/tsp-updates-new-thrift-savings-plan-mutual-fund-window/?feed_id=41084&_unique_id=6378b8f634d73 #Inflation #Retirement #GoldIRA #Wealth #Investing #federalbenefits #federalretirement #FinancialPlanning #mutualfundwindowtsp #newtsp #newtspwebsite #ThiftSavingsPlan #thriftsavingspl #thriftsavingsplan #thriftsavingsplanapp #thriftsavingsplaninvesting #thriftsavingsplanvs401k #tsp #tspmobileapp #tspmutualfundwindow #tspstrategy #tsptips #ThriftSavingsPlan #federalbenefits #federalretirement #FinancialPlanning #mutualfundwindowtsp #newtsp #newtspwebsite #ThiftSavingsPlan #thriftsavingspl #thriftsavingsplan #thriftsavingsplanapp #thriftsavingsplaninvesting #thriftsavingsplanvs401k #tsp #tspmobileapp #tspmutualfundwindow #tspstrategy #tsptips

How to Change Password for Fidelity Investments App

How to Change Password for Fidelity Investments App In this video, I'll show you How to Change Password for Fidelity Investments App. This is the easiest and fastest way to Change Password for Fidelity Investments App. Make sure you watch until the end of this video to find out How to Change Password for Fidelity Investments App on Android and iPhone. These methods work on Android as well as iOS 11, iOS 12, iOS 13, iOS 15 and iOS 16. Hope you enjoy! Video Parts: 00:00 Intro: How to Change Password for Fidelity Investments App 00:07 Changing Password on Fidelity Investments App 00:38 Outro: Ending Thanks for watching! ❤ Bytes Media © 2022 Topics Covered: Bytes Media how to how to fix How to Change Password for Fidelity Investments App how to change password for fidelity investments fidelity password fidelity login how to change fidelity wifi password i forgot my fidelity online banking username and password fidelity password requirements fidelity customer service fi...

New York Times Company Continues to Add Online Subscribers at a Steady Clip

Business News by Timothy Sumer - The company’s first quarter results showed total paid subscriptions reaching 4.5 million. Online ad revenue rose 19 percent, to $55 million, thanks, in part, to “The Daily” podcast. from NYT > Business https://nyti.ms/304QC2w via Timothy Sumer

How Annuity Education Can Help You Effectively Plan for Retirement with Annuities: Insights from IBC Global

Want to Learn If An Annuity Is Right For You? Thank you all for watching! Don't forget to subscribe for more! DISCLAIMER: All advice and/or opinions expressed in our videos are the result of our experience in the insurance and financial industries. Any action taken based on the information expressed in our videos is the sole responsibility of the viewer. All content produced by Steve Parisi and ILS Products is made for informational purposes only. #Finance #Annuity #Insurance... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Annuity Education: Effective Retirement Strategy - Utilizing Annuities Retirement planning is a crucial aspect of everyone's financial journey. With the goal of maintaining a comfortable lifestyle after ending decades of work, individuals often seek strategies that provide a st...

Timothy Sumer

Search This Blog