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

The Thrift Savings Plan declining can be a scary thing for federal employees, but what happens after the decline? Advisors like to tell people to stay put, and don't touch your TSP! But why? Here is a little context on why and what has happened in the past after a decline of 25% or more.... ( 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 (TSP) is a defined contribution retirement plan for federal employees. It is similar to 401(k) plans offered by private sector companies. The TSP has been a popular retirement savings vehicle for federal employees since its creation in 1986. However, recent declines in TSP returns have caused concern among its participants. In 2018, the TSP saw its first decline in five years, with the C Fund (which tracks the performance of the S&P 500) declining by 6

The I fund tends to get a bad rap amongst federal retirees and employees, but is there a good reason for it? Some people say to never invest in the I fund. This video sheds a little light on investing in the C fund vs the I fund and what the current situation looks like and what going forward could look like. TSP investors should do some due diligence before investing.... ( 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 (TSP) is a retirement savings plan for federal government employees and members of the military. It offers several funds in which investors can allocate their contributions, including the TSP I Fund. The TSP I Fund, also known as the International Stock Index Investment Fund, invests in the stocks of companies located in developed and emerging markets outside of the United States.

There are ways that federal retirees can reduce their tax bill and Qualified Charitable Distributions is one of them. QCDs are a simple way to reduce taxes for people that do charitable giving, BUT TSP does not allow charitable distributions.... ( 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/simple-tax-savings-for-federal-retirees-with-qcds/?feed_id=51885&_unique_id=63a22810cae99 #Inflation #Retirement #GoldIRA #Wealth #Investing #federalretirement #feeonlyadvisorforfederalemployees #feeonlyfinancialadvice #fersretirement #flatfeeadvisor #retirementadviceforfederalretirement #Taxesonretirementincome #thriftsavingsplandistributions #thriftsavingsplantaxes #tspdistributions #tsptaxes #SEPIRA #federalretirement #feeonlyadvisorforfederalemployees #feeonlyfinancialadvice #fersretirement #flatfeeadviso

What happens to the Thrift Savings Plan when a federal employee or retiree dies? What about an IRA? Spouses have a few different options in these scenarios and each one has different benefits and cons to be aware 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 https://inflationprotection.org/inheriting-tsp-and-an-ira/?feed_id=44689&_unique_id=638696e91d4d9 #Inflation #Retirement #GoldIRA #Wealth #Investing #advisorforfederalemployees #beneficiaryparticipantaccount #federalemployees #federalretirement #feeonlyadvice #fersretirement #flatfeeadvisor #inheritedaccounts #inheritedira #inheritedtsp #tspinvesting #ThriftSavingsPlan #advisorforfederalemployees #beneficiaryparticipantaccount #federalemployees #federalretirement #feeonlyadvice #fersretirement #flatfeeadvisor #inheritedaccounts #inheritedira #i