Timothy Sumer

The Thrift Savings Plan’s G Fund had the highest percent gain last year. Does this mean all federal employees should move everything to the G Fund? Absolutely not. But, there are reasons why you would choose to invest in the G Fund this year. In this episode we… • Compare the G fund returns over the last 15 years to other core TSP funds • Make suggestions of when to invest or not in the G Fund 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 1:14 Compare the G fund returns over the last 15 years to other core TSP funds 4:34 suggestions of when to invest or not in the G Fund Federal employees and their spouses are invited to complimentary educational workshops covering their federal benefits. For details, visit: Federal Benefit Resources: Would you like to know more? ... ( read more ) LEARN MORE ABOU

Conversions of the Traditional portion of a Thrift Savings Plan to a Roth IRA may not work for everyone, but if done properly and at the right time, you could see more net income from your TSP in retirement. In this episode, we will discuss key points you should know before taking any actions and provide 3 strategies of when a Roth conversion may be best for you. 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. In this episode we will go over: - 3 considerations when comparing Traditional and Roth IRAs - Key Points to know before you convert an IRA - 3 strategies of when a conversion might be best for you 0:00 Intro 1:43 Why choose a Roth? 2:30 Key Points to know before you convert an IRA 5:49 3 strategies of when a conversion might be best for you Footnotes for: Roth Conversion at Retirement Strategy This example uses

In this video, we discuss the U.S. debt ceiling and some of the potential implications on the TSP G Fund when the U.S. hits its debt limit. 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 #ThriftSavingsPlan 🎵 Music provided by LAKEY INSPIRED – Chill Day Disclaimer: All content on this site is for general information purposes only and is not intended to provide any personalized financial advice.... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Infl

FEDLIFE Podcast (Ep. 99): Understanding the New RMD Rules for Inherited IRAs: Your Essential Guide - Part I Summary: In celebration of episode 100, we're excited to bring you a brand new conversation that delves into a topic many federal employees overlook — the inheritance of an IRA from someone other than a spouse. Discover the intricacies and rules of non-spousal IRA inheritors while enhancing your understanding of IRA inheritance, its tax implications, and crucial considerations for beneficiaries in this week’s release of the FEDLIFE Podcast with Ed Zurndorfer and Dan Sipe. Ed and Dan discuss: • The evolution of IRA inheritance: Learn the modifications introduced by the Secure Act 1.0 in December 2019 and how these alterations transformed the IRA inheritance landscape • The modified rules surrounding RMDs for non-spousal beneficiaries, including the time frame within which distributions must be made • Year-of-death distribution and its significance for individuals w

In this video, we discuss the advantages and disadvantages of the Thrift Savings Plan (TSP) Mutual Fund Window. Do you have questions or concerns about the Thrift Savings Plan, 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 #thriftsavingsplan 🎵 Music provided by LAKEY INSPIRED – Chill Day Disclaimer: All content on this site is for general information purposes only and is not intended to provide any personalized financial advice.... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Infla

Are you trying to figure out if Federal Employees can convert their Thrift Savings Plan (TSP) to a ROTH TSP? Are you aware of the differences between a TSP transfer vs. a TSP rollover? In this video, we discuss how you can ultimately transfer money from your TSP to a ROTH IRA. You can read the full article here: Leave a comment below if you have any other questions about how these transfers work! -=-=-=-=- Want to learn more about how you can plan for your federal retirement? Then check out: Plan Your Federal Retirement Website: Do you like listening to podcasts? Want to specifically learn how to better plan for your federal retirement? Then check out: Plan Your Federal Retirement Podcast: Are you looking to work with a financial planner who specializes in the intricacies involved with the federal employee retirement system? Then check us out: Shilanski & Associates, INC.: Also, follow me at these places below and say hi! LinkedIn: Facebook: Until next

In this video, Jose Armenta, CFP®, reviews how to calculate the FERS annuity and why it's important to know. If you want to learn more about your FERS pension, visit 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® #FERS #FERSPension #YourFederalEmployeeBenefits #FederalEmployees #FERSAnnuity 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 per

Kevin answers a question regarding the Thrift Savings Plan (TSP). The question asks if someone who is about to retire, but hasn't yet, can do anything extra with their TSP. The answer is that if the person is 59 and a half or older, they can take some or all of their money and move it to an IRA without incurring any fees or taxes. They can still contribute to their TSP and get the 5 % match if they are a first employee. However, there may be fees when they use the money later on. He suggests attending their workshop for more details on what can be done and why one might want to do it. Overall, the transcript provides useful information for those looking to manage their TSP before retiring. It highlights the flexibility offered by the plan and the opportunity to move money to an IRA without penalties. However, it also notes that the decision to do so depends on individual circumstances, and attending a workshop can provide more specific guidance. Join us at a Fed Pilot w

No withdrawal strategy is discussed more that the Thrift Savings Plan barbell strategy. The barbell strategy is a method for federal retirees to take withdrawals from TSP, but how does it work? Here I discuss how it would work incorporating an IRA as well as if you left funds in TSP (hint: not simple!). My kids taking pics on my phone comes in handy sometimes 🤣... ( 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 TSP Barbell Strategy is an investment strategy that encourages investors to allocate their investments between two extremes, namely low-risk investments and high-risk investments. The name of the strategy is derived from the shape of a barbell, where the weight is distributed on two opposite ends. The TSP Barbell Strategy is primarily meant for investors who have a low-risk tolerance, and at the same time,

Performance of the 5 core Thrift Savings Plan (TSP) Funds for the month of September 2022. #FederalEmployee #shorts #Stocks #retirement #investing Data from Information on the 5 core TSP Funds 📈 C Fund: 📈 S Fund: 📈 I Fund: 📈 F Fund: 📈 G Fund: Check out all of my tsp content ... ( 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 As the summer months come to a close, it's natural to start looking ahead to financial goals for the remainder of the year. For those invested in the Thrift Savings Plan (TSP), September 2022 fund performance may be of particular interest. The TSP is a retirement savings plan for federal employees and members of the military, offering a variety of investment options based on different levels of risk. The TSP funds include government securities, corporate bonds, international st

The management of your Thrift Savings Plan is not something you should take lightly. Mistakes could cost you hundreds of thousands of dollars if you don’t know what you are doing. In this episode we: • Discuss what is required to manage any investment account • Evaluate your options if you are looking for help • Provide resources to help you get more knowledgeable with investing and your TSP 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 0:40 Why Is This Important? 2:39 3 Requirements to Manage any Investment Account 5:44 Where Can You Get Help? 11:41 Build Your Investment and TSP Knowledge Referenced Links Vanguard Report on “Quantifying Advisor’s Alpha”: Envestnet Report on “Capital Sigma: The Advisor Advantage”: Russell Investments report on “How advisors deliver value in challenging times”: LIST OF BOOKS Simple W

In this video, you’ll learn about the different Thrift Savings Plan withdrawal options and the tax implications of those options. ⏰ Timecodes 0:00 – Intro 0:42 – Distribution Sources 1:37 – Installment Payments 3:16 – Single Distribution 3:55 – Life Annuity 5:00 – TSP Tax Reporting 6:03 – TSP Withdrawal Taxes 9:01 – TSP State Tax Planning QUESTION — Have a question about Personal Finance, Federal Benefits, or Retirement Planning? Post in the comments section or contact us at: Are you seeking a financial planner who specializes in working with federal employees? Schedule a free consultation at: Connect with Fedway Financial on Social Media: Connect with Jerel Harvey on Social Media: #fedwayfinancial #themoneybriefing 🎵 Music provided by LAKEY INSPIRED – Chill Day Disclaimer: All content on this site is for general information purposes only and is not intended to provide any personalized financial advice.... ( read more ) LEARN MORE ABOUT: Thrift Savings

In 2023, there will be some BIG changes to TSP and IRA accounts. In this video, we discuss the changes to contribution limits and income limits. Have a question about the Thrift Savings Plan, Federal Benefits, or Retirement Planning? Post in the comments section or contact us at: Are you seeking a financial planner who specializes in working with federal employees? Schedule a free consultation at: Connect with Fedway Financial on Social Media: Connect with Jerel Harvey on Social Media: #themoneybriefing #TSP #IRA 🎵 Music provided by LAKEY INSPIRED – Chill Day Disclaimer: All content on this site is for general information purposes only and is not intended to provide any personalized financial advice.... ( 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 As we head into 2023, some notable changes are taking pla

FedLife Podcast 60. Understanding Reemployed Annuity Compared to Phased Retirement with Ed Zurndorfer Summary: When it comes to retiring, especially as a federal employee, understanding how to manage your retirement can be overwhelming, and the options for your planning can be convoluted and confusing. The goal of Serving Those Who Serve is to make your retirement less stressful and help you get the most out of your money. In this episode, Dan Sipe and Ed Zurndorfer speak about what it means to be a reemployed annuitant, and compare the difference between phased retirement focusing on FERS, CSRS, and CSRS offset. Dan and Ed discuss: Differences between CSRS, CSRS offset and FERS annuitants How working part-time can change your retirement Why a CSRS retiree might want to switch into FERS as part of reemployment Some examples to make more sense of some of the more complicated plans And more Resources: Fedzone: Fedzone Article: Reemployed CSRS Annuitants: Fedzone

In this video, we recap the 2022 returns of the TSP funds and review how they compared to the returns of the broad stock and bond markets. We also highlight some of the contributing factors to the performance. Have a question about the Thrift Savings Plan, Federal Benefits, or Retirement Planning? Post in the comments section or contact us at: Are you seeking a financial planner who specializes in working with federal employees? Schedule a free consultation at: Connect with Fedway Financial on Social Media: Connect with Jerel Harvey on Social Media: #fedwayfinancial #themoneybriefing #TSP Music provided by LAKEY INSPIRED – Chill Day Disclaimer: All content on this site is for general information purposes only and is not intended to provide any personalized financial advice.... ( 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

What’s the best TSP allocation? In this video, I walk through what famous finance experts, like Dave Ramsey recommend for TSP allocations. Jump Cuts: 0:00 Introduction 0:39 Disclaimer 0:51 Understanding the different TSP funds 1:31 Why there is no best TSP allocation 1:53 Market timing and interfund transfers 2:24 Famous TSP allocations for current employees 4:02 What about the lifecycle funds? 4:29 Best TSP allocation for retirees 4:53 Conclusion- is the best option none of the above? 📊Join my email list: 📊Join my Facebook group: 📊Where to learn more: 📊Read my full post on TSP allocations here: 📊Other resources: TSP C Fund TSP S Fund TSP I Fund TSP F Fund TSP G Fund ... ( 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 https://inflationprotection.org/best-tsp-allocation/?feed_id=58759&_unique_id=63

Many investors in the G Fund lose money in their Thrift Savings Plan because they do not understand the true costs of this fund. The G Fund can be an important piece in your overall investment strategy, but used incorrectly can cost you years of retirement income. In this episode, we go over the benefits of the G Fund, review the G fund facts directly from the TSP website, and provide examples of why we think you should be cautious of overusing the fund. 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. In this episode we will go over: - The 4 benefits of the G Fund - Learn the facts about the fund - Discuss performance and real rates of return 0:00 Intro 1:38 The benefits of the G Fund 6:00 G Fund overview from TSP.gov 11:31 Performance and real rates of return Resources for this episode: G Fund facts from TSP.gov: G F