13 Years ago legislation was passed to update the Thrift Savings Plan. They finally got around to the refresh, but did the TSP change for the better? In this episode we: • Take a closer look at how the TSP did with delivering on their big promises • Review changes to access and administration • Explain the new TSP Mutual Fund Window • Compare costs between the core funds you know and the new Mutual Fund Window Welcome to Financial Planning 4 Feds. We are dedicated to educating federal employees on how to maximize value from their government benefits by developing and executing a financial plan. 0:00 Intro 1:33 Administration and Access 7:40 Fund Choice 15:27 Cost Comparison Referenced Links TSP.gov webpages and resources: • • • Expense Ratio Average Costs from Nerdwallet.com: Article from FedSmith.com: Federal employees and their spouses are invited to complimentary educational workshops covering their federal benefits. For details, visit: Federal Benefit Re...
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 :)