Timothy Sumer

Fednobabble - Making Federal Benefits Understandable for Humans (in under 20 minutes) This episode covers What is in the new TSP and what is not. To get a comprehensive report on your federal retirement benefits: No cost, no obligation, no sales pitch. No kidding. Want us to ask a question for us to answer? again. Created by: Kevin Jones of and Cassie Knight 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 The Thrift Savings Plan, commonly known as TSP, has undergone some changes as part of the TSP Modernization Act. These revisions, which are effective as of September 15, 2019, have the aim of making it easier for federal employees to use their TSP accounts. What's in it? One of the most significant changes is the removal of some of the limitations that prevented participants from accessing their f...

Fednobabble - Making Federal Benefits Understandable for Humans (in under 20 minutes) This episode covers: - Pension, annuity - what’s the difference? - FRAs & MRAs - the difference - TSP lump sums and the annuity To get a comprehensive report on your federal retirement benefits: No cost, no obligation, no sales pitch. No kidding. Want us to ask a question for us to answer? again. Created by: Kevin Jones of and Cassie Knight of ... ( 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 As we plan for retirement, there are multiple options to consider regarding the distribution of our investments. Two such options include pensions and annuities. While they may seem similar, there are some key differences to be aware of. A pension plan is a retirement plan that is typically provided by an employer. It offers a gua...

Fednobabble - Making Federal Benefits Understandable for Humans (in under 20 minutes) This episode covers: - HR2478 & buying time back - States the tax your pension - Equal distribution between TSP funds To get a comprehensive report on your federal retirement benefits: No cost, no obligation, no sales pitch. No kidding. Want us to ask a question for us to answer? again. Created by: Kevin Jones of and Cassie Knight of ... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/33-hr-2478-spousal-ss-equal-funds/?feed_id=45907&_unique_id=638b441881294 #Inflation #Retirement #GoldIRA #Wealth #Investing #csrs #federalbenefits #federalgovernment #federalretirement #fegli #FERS #fltcip #Medicare #socialsecurity #Survivorbenefits #ThiftSavingsPlan #tsp #SpousalIRA #csrs #federalbenefits #federalgo...

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 potent...