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TSP in Retirement - Tips on your Thrift Savings Plan in Retirement

TSPs in Retirement seems like a pretty silly topic since the whole purpose of the Thrift Savings Plan is to give you money in retirement. Unfortunately, many federal employees do not understand the differences between saving for retirement and distributions through retirement. In this episode, we will cover key points to maximize your TSP into retirement. 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 accumulation and distribution phases of your TSP - How your TSP affects your needs and wants - Is a rollover your best option? 0:00 Intro 1:37 Your TSP is only a tool 2:12 Understanding accumulation and distribution phases 3:51 The power of your pension 5:20 Technical aspects of your TSP in retirement 7:59 Should you manage your TSP in retirement Federal employees and their spouses a