Timothy Sumer

Sponsored by New Perspective Financial Solutions. Financial advisor Tayvon Jackson shares tips for maximum retirement funds. For more call (240) 335-8366.... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Managing your 401(k) to Maximize Your Retirement Funds When it comes to planning for retirement, a 401(k) plan is an essential tool to help you save and invest for the future. It offers a tax-advantaged way to set money aside for retirement, allowing you to save money on taxes while growing your investments. However, to make the most out of your retirement savings, it's crucial to manage your 401(k) effectively. Here are some valuable pieces of advice to help you manage your 401(k) and maximize your retirement funds. 1. Start saving as early as possible: Time is your greatest asset when it comes to growing your ret...

Sponsored by New Perspective Financial Solutions. Tayvon Jackson shares investing tips for federal government workers. For more call (240) 335-8366.... ( 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 a federal government worker, you have the option to enroll in the Thrift Savings Plan (TSP). It is a retirement savings plan that offers many benefits to federal employees. In this article, we'll discuss how the TSP plan can benefit you and your future retirement. Firstly, the TSP allows you to save money for retirement in a tax-advantaged account. You can contribute to your TSP account directly from your paycheck, and your contributions are tax-deferred. This means that your contributions are deducted from your taxable income, lowering your overall tax bill. Additionally, the money in your TSP account grows tax-fre...