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Put Some $ in Your TSP: Saving for a Secure Retirement Saving for retirement is an essential aspect of financial planning. One of the best ways to do so is by maximizing the potential of your Thrift Savings Plan (TSP). The TSP is a retirement savings and investment plan designed primarily for federal employees, including members of the uniformed services. It offers several benefits and options that can help you secure a comfortable retirement. So, why is it important to put some money into your TSP? Here are a few compelling reasons: 1. Tax advantages: The TSP provides tax advantages that can significantly enhance your retirement savings. Contributions made to your TSP account are tax-deferred, meaning you won't pay taxes on that money until you withdraw it in r...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)