Timothy Sumer

A question that I have received recently is what I would do with TSP if I was retiring this year. This is a great question and one that all FERS retirees will face. Here I offer my thoughts on the question. Keep in mind that this isn't advice, but merely my thoughts on what I would do. Everybody's situation is different and you need to figure out what works best for you. My website: www.bobbfinancial.com Schedule an introductory call with me: ... ( 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 What Would I Do With TSP in Retirement? As retirement approaches, many individuals start pondering on how to make the most of their hard-earned savings and investments. One such investment vehicle that Federal employees and members of the uniformed services have access to is the Thrift Savings Plan (TSP). TSP is...

This video addresses the questions you should ask and know before taking a loan from your Thrift Savings Plan. ⏰ Timecodes 0:00 – Intro 0:33 – TSP Loans 1:03 – Do I qualify? 1:51 – What are my loan options? 3:31 – How much can I borrow? 4:19 – What are the interest rate and costs? 5:21 – How is the loan repaid? 6:41 – How do I apply? 7:11 – Should I take a TSP loan? Do you have questions or concerns about Federal Benefits or Retirement Planning? 🗓️ Schedule a free consultation at: ⚡️ Stay Connected: Website - Facebook - Instagram - LinkedIn - Who Are We: Fedway Financial provides financial planning, investment management, and benefits training to federal employees and retirees. Our goal is to help you understand and maximize your federal benefits program, and make prudent and informed decisions related to every facet of your financial life. #fedwayfinancial #themoneybriefing #TSP 🎵 Music provided by LAKEY INSPIRED – Chi...

The TSP can be complicated at first, but after watching this video I hope you'll have the confidence to manage your TSP investment allocations and contributions. I spent a little over five years as an Army Infantry Officer, left the military and worked at Goldman Sachs as an Equity Algorithmic Trader for a little over two years, and am currently pivoting careers to go to medical school. In this video, I'm going to walk you through how to navigate the TSP user interface using my own TSP account, and demonstrate how to change your allocations and which funds your money is invested in. I also walk you through how to change which funds your future contributions will go to. My advice is to participate in a ROTH TSP and either invest totally in the C Fund, or equally across the C, S, and I Funds if you seek a little more diversification. ---------------------------------------------------------------------- ----------------------------------------------------------...

In this episode of theSITREP, Paul covers Thrift Savings Plan beneficiaries. Paul is joined by U.S. Air Force Veteran, Mike Jerue, who serves as the Deputy Chief Investment Officer at Thrift Savings Plan. Listen to the complete Thrift Savings Plan Podcast here: FIVE WAYS TO CONNECT WITH theSITREP (1) To sign-up for theSITREP email newsletter, visit: (2) To find theSITREP’s full video library, visit: (3) To listen to theSITREP audio podcasts, visit: (4) Search “theSITREP” on your preferred search engine (5) Email us ideas for a future episode, at: theSITREP@va.gov ADDITIONAL THRIFT SAVINGS PLAN VIDEOS What is Thrift Savings Plan Pension vs. Thrift Savings Plan Contributions with Thrift Savings Plan Thrift Savings Plan After Government Service How to Set-Up Your Thrift Savings Plan IRA & Thrift Savings Plan Contributions Thrift Savings Plan Beneficiaries Thrift Savings Plan Contributions After Service Roth vs. Traditional Thrift Savings...

What happens to my Thrift Savings Plan (TSP) after I separate from federal service? FinEd for Feds is dedicated to providing financial planning education that is relevant for U.S. Federal Government Employees. Federal Employee benefits are complicated yet extremely valuable. Our goal is to make your benefits easier to understand and explain how they integrate with other aspects of your financial life. Ultimately, we want you to be educated during your working years and to feel confident and empowered to retire comfortably from federal service. Discovery Wealth Planning LLC is a Registered Investment Advisor. We are fee-only, which means we do not sell products for a commission. We are also a fiduciary and we put client interests first 100% of the time. We offer one-time and ongoing financial planning engagements with a CERTIFIED FINANCIAL PLANNER™ for U.S. Feds. To learn more, please visit This channel is purely educational and should not be considered as financial, ...

Want to change your investments in the Thrift Savings Plan (TSP)? Here is how to do a TSP Interfund Transfer. An interfund transfer (IFT) allows you to change the way money ALREADY in your account is invested. IMP: You are allowed two IFTs in a calendar month. After that, you can only transfer money into the G Fund. // VIDEOS & RESOURCES + Video "Check your TSP for these 3 things!" - + Learn about efforts to create an ecosystem of diverse leadership talent in Congress: //THANK YOUS + This CONGRE$$ Series was made possible by Democracy Fund Voice. Very grateful for their support! //SAY HI Add me on Instagram: @Melissa_Dargan Twitter: @Melissa_Dargan // BUY THE EQUIPMENT & THINGS I LOVE Mic 🎤 : White/Gold Plant Pots (cylinder): White/Gold Plant Pots (round): //ATTRIBUTION Icons (Like, Subscribe, Bell etc): Sounds: //CONTACT For all subscribers and business inquiries, please use this email: askmelnmoney@gmail.com //DISCLAIMER The c...

Warren Buffett on the TSP Article: ► Subscribe to My Channel Here: -- Cooper Mitchell helps federal employees better understand their benefits and helps them retire on their terms. Using financial planning and investment management, Cooper is able to tackle the issues that are unique to federal employees. Cooper is also a public speaker who is available for various federal conferences and events. Find Cooper here: Website: Work with Cooper: Facebook: Email: cooper@fedretirementplanning.com -- As always, enjoy and please subscribe! -- © Copyright Fed Retirement Planning 2017, All Rights Reserved... ( 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 Warren Buffett on Investing in the TSP Warren Buffett, widely regarded as one of the most successful investors of all time, is celebrated for his expertise in ch...

... ( 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 TSP Distributions - May 2023 Recording During the month of May 2023, the Thrift Savings Plan (TSP) announced important updates regarding its distributions. The TSP, a retirement savings plan for federal employees and members of the uniformed services, offers several options for participants to receive their funds upon retirement or separation from service. It is crucial for individuals to understand these distributions to make informed decisions about their financial future. One of the flagship changes that TSP introduced is the ability to request partial withdrawals from the traditional (non-Roth) balance. Previously, participants were only allowed to take one partial withdrawal throughout their lifetime. However, starting from May 2023, participants will be ...

This is a zero-maintenance strategy to invest in the Thrift Savings Plan that has netted a positive return over the 3 years I've been investing in the TSP! Voiceover made by elevenlabs.io. Stock video from Pexels.com. Music from Adobe.... ( 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 How I Invest Into the Thrift Savings Plan Investing for the future is a crucial step in securing financial stability. One of the tools that have helped me to achieve this is the Thrift Savings Plan (TSP). As a federal employee, the TSP offers a reliable and convenient way to save money and grow my investments over time. Started in 1987, the TSP is a retirement savings plan for federal employees and members of the armed forces. Its primary objective is to provide an opportunity to invest in a tax-advantaged manner, ensuring ...

In this episode of theSITREP, Paul covers how to change which fund or funds your contributions go into with Thrift Savings Plan. Paul is joined by U.S. Air Force Veteran, Mike Jerue, who serves as the Deputy Chief Investment Officer at Thrift Savings Plan. Listen to the complete Thrift Savings Plan Podcast here: FIVE WAYS TO CONNECT WITH theSITREP (1) To sign-up for theSITREP email newsletter, visit: (2) To find theSITREP’s full video library, visit: (3) To listen to theSITREP audio podcasts, visit: (4) Search “theSITREP” on your preferred search engine (5) Email us ideas for a future episode, at: theSITREP@va.gov ADDITIONAL THRIFT SAVINGS PLAN VIDEOS What is Thrift Savings Plan Pension vs. Thrift Savings Plan Contributions with Thrift Savings Plan Thrift Savings Plan After Government Service How to Set-Up Your Thrift Savings Plan IRA & Thrift Savings Plan Contributions Thrift Savings Plan Beneficiaries Thrift Savings Plan Contributions...

In this episode of theSITREP, Paul covers rolling over your military Thrift Savings Plan into a civilian TSP or other program. Paul is joined by U.S. Air Force Veteran, Mike Jerue, who serves as the Deputy Chief Investment Officer at Thrift Savings Plan. Listen to the complete Thrift Savings Plan Podcast here: FIVE WAYS TO CONNECT WITH theSITREP (1) To sign-up for theSITREP email newsletter, visit: (2) To find theSITREP’s full video library, visit: (3) To listen to theSITREP audio podcasts, visit: (4) Search “theSITREP” on your preferred search engine (5) Email us ideas for a future episode, at: theSITREP@va.gov ADDITIONAL THRIFT SAVINGS PLAN VIDEOS What is Thrift Savings Plan Pension vs. Thrift Savings Plan Contributions with Thrift Savings Plan Thrift Savings Plan After Government Service How to Set-Up Your Thrift Savings Plan IRA & Thrift Savings Plan Contributions Thrift Savings Plan Beneficiaries Thrift Savings Plan Contributions A...

The contribution limit for TSP in 2023 is $22,500 or $30,000 for 50 or older. My TSP strategy is to max out my contribution every year. How long do you think it'll take to reach 7 figures if I max out my contribution every year? 🤳 Social Media🤳 📖 Get Your Free Financial Spreadsheets and Resources 📖 ➡️ 👨‍🏫 1:1 Financial Coaching 👩‍🏫 Schedule a free 20-minute 1:1 Coaching Session Schedule a free 30-minute 1:2 Couple's Coaching Session ➡️ Introductory Forum: 📧 Email: hello@firepsychat.com 📖 What’s on my bookshelf? 📖 ➡️ 📷 Additional FIRE Videos Mentioned In this Video 📷 Our $3.7 Mil Fat FIRE Plan - How to Become an Ordinary Millionaire - How to Start F.I.R.E - The Ultimate F.I.R.E Guide - HSA vs FSA - Is Cash King or Trash? - Tax-Free Dividend Income - Pay 0% Capital Gains Taxes - For sponsorship...

When you leave the military there are a number of options for handling your Thrift Savings Plan. Some of them are simple...some of them are terrible ideas. As the saying goes, choose wisely. www.linkedin.com/in/charles-weko www.youtube.com/@the_bureaucrat www.twitter.com/@chuck_weko www.tiktok.com/@chuck_weko Note: The views expressed in this video are the presenter's and do not represent the policy or guidance of the Department of Defense or its subordinate elements. (... ( 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 Write an article about Military Transition: Thrift Savings Plan Options in English https://inflationprotection.org/options-for-thrift-savings-plans-during-military-transition/?feed_id=144838&_unique_id=6526ee09d6d99 #Inflation #Retirement #GoldIRA #Wealth #Investing #Thrift...

In this video, Jose Armenta, CFP®, reviews the process of converting a traditional TSP to a Roth IRA. If you want more details on the subject, read the following articles: Are you looking to work with a financial planner who specializes in financial planning for federal employees? Then check us out: Also, follow me at these places below and say hi! LinkedIn: Facebook: . Instagram: Until next time, take care! Jose Armenta, CFP® #TSP #FERS #FederallRetirement YourFederalEmployeeBenefits.com is a Create Your Path (“CYP”) blog. CYP is a registered investment advisor offering advisory services in the State of California and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. The presence of this website on the Internet shall not be directly or indirectly interpreted as a solicitation of investment advisory services to persons of another jurisdiction unless otherwise permitted by statute. Follow-up or individualiz...

In this episode of theSITREP, Paul covers contributions with IRAs versus Thrift Savings Plan. Paul is joined by U.S. Air Force Veteran, Mike Jerue, who serves as the Deputy Chief Investment Officer at Thrift Savings Plan. Listen to the complete Thrift Savings Plan Podcast here: FIVE WAYS TO CONNECT WITH theSITREP (1) To sign-up for theSITREP email newsletter, visit: (2) To find theSITREP’s full video library, visit: (3) To listen to theSITREP audio podcasts, visit: (4) Search “theSITREP” on your preferred search engine (5) Email us ideas for a future episode, at: theSITREP@va.gov ADDITIONAL THRIFT SAVINGS PLAN VIDEOS What is Thrift Savings Plan Pension vs. Thrift Savings Plan Contributions with Thrift Savings Plan Thrift Savings Plan After Government Service How to Set-Up Your Thrift Savings Plan IRA & Thrift Savings Plan Contributions Thrift Savings Plan Beneficiaries Thrift Savings Plan Contributions After Service Roth vs. Tradition...

In this episode of theSITREP, Paul covers tax deductions and options regarding Thrift Savings Plan. Paul is joined by U.S. Air Force Veteran, Mike Jerue, who serves as the Deputy Chief Investment Officer at Thrift Savings Plan. Listen to the complete Thrift Savings Plan Podcast here: FIVE WAYS TO CONNECT WITH theSITREP (1) To sign-up for theSITREP email newsletter, visit: (2) To find theSITREP’s full video library, visit: (3) To listen to theSITREP audio podcasts, visit: (4) Search “theSITREP” on your preferred search engine (5) Email us ideas for a future episode, at: theSITREP@va.gov ADDITIONAL THRIFT SAVINGS PLAN VIDEOS What is Thrift Savings Plan Pension vs. Thrift Savings Plan Contributions with Thrift Savings Plan Thrift Savings Plan After Government Service How to Set-Up Your Thrift Savings Plan IRA & Thrift Savings Plan Contributions Thrift Savings Plan Beneficiaries Thrift Savings Plan Contributions After Service Roth vs. Tra...