Timothy Sumer

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

Join fellow FERS retiree, Elizabeth Inman for part two of this 5-part series on how Federal & Postal Employees can become a Thrift Savings Plan Millionaire (TSP). In part two, Elizabeth gives you some late-breaking news about several improvements to the TSP website. Plus, there are a few things that you must know about the Secure Act 2.0 that will affect catch-up election and life expectancy recalculation. If you want up-to-the-minute news and information about your Thrift Savings Plan, then this podcast series is for you. If you missed part one of this 5-part series, you can watch Part One here: 4:06 Logging into TSP website Improvements 5:27 Temporary Issue with TSP Installment Payments 6:22 The G-fund and the Government's Debt Limit 8:31 The Secure Act 2.0 and the President... 10:57 TSP Life Expectancy Recalculations 12:23 Changes to the Secure Act 2.0 catch-up contributions... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: B