TSP Overview: A Guide for Early to Mid-Career Professionals

Presented by TSP Agency Liaison Specialist Arvella Collins, Federal Retirement Thrift Investment Board. -- U.S. Department of Health and Human Services (HHS) We accept comments in the spirit of our comment policy: HHS Privacy Policy ...(read more)

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As a young professional, it's never too early to start planning for your retirement. One tool that is available to federal employees and members of the military is the Thrift Savings Plan (TSP). The TSP is a defined contribution plan, similar to a 401(k), that allows participants to save for their retirement through pre-tax or after-tax contributions, which can be invested in various funds. If you are a federal employee or member of the military, you are automatically enrolled in the TSP with a 3% contribution from your paycheck. However, it is important to consider increasing your contributions, especially if you are early to mid-career, as increasing the amount you save can provide significant benefits in the long run. One aspect to consider when deciding how much to contribute is the TSP's matching contributions. Currently, the TSP matches up to 5% of your contributions dollar for dollar, meaning that if you contribute 5%, the TSP will contribute an additional 5%. Taking advantage of this matching contribution is a great way to boost your retirement savings. Another important factor to consider when investing in the TSP is the funds available. There are five main funds to choose from, ranging from the safest (G Fund) to the riskiest (C Fund). It is recommended to diversify your investments among the funds to spread out risk and balance potential returns. It is also important to review your TSP account regularly and make changes as necessary. As you progress in your career and your retirement goals change, you may want to adjust how much you contribute or how you invest. It is also important to review your TSP account to ensure you are not paying higher fees than necessary. Overall, the TSP can be a valuable tool for building your retirement savings. However, it is important to understand how the plan works and make smart decisions when it comes to contributing and investing. By taking advantage of matching contributions, diversifying your investments, and reviewing your account regularly, you can set yourself up for a comfortable retirement. https://inflationprotection.org/tsp-overview-a-guide-for-early-to-mid-career-professionals/?feed_id=96398&_unique_id=645c7995bf450 #Inflation #Retirement #GoldIRA #Wealth #Investing #federalbenefits #federalretirement #HHS #HHS.gov #HHSgov #MidCareerRetirementCounseling #ThriftSavingsPlanBriefing #tsp #USGovHHS #ThriftSavingsPlan #federalbenefits #federalretirement #HHS #HHS.gov #HHSgov #MidCareerRetirementCounseling #ThriftSavingsPlanBriefing #tsp #USGovHHS

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...

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