In November, Representative Cory Mills ( R-FL) introduced the Financial Opportunities for Retirees and Warriors Advancing Retirement Development (FORWARD) Act, which allows veterans to continue ...
Each of the portfolios in the federal government’s 401(k)-style retirement savings program gained value in January.
Outside of the I fund, four of the L funds, 2055, 2060, 2070 and 2075, were the next biggest earners, seeing a month over ...
Learn about federal agency automatic contributions to Thrift Savings Plans, offering 1% of pay, and how they impact your retirement savings and financial future.
The federal government’s 401(k)-style retirement savings program saw an otherwise positive February weighed down by two of its portfolios mostly invested in American companies. The Thrift Savings Plan ...
Civilian federal employees and uniformed service members will soon be able to convert their pre-tax Thrift Savings Plan balances to Roth accounts without leaving the plan. The Federal Retirement ...
Starting January 1, 2026, Federal employees and retirees will be able to convert money from their traditional Thrift Savings Plan accounts to a Roth TSP account. Federal employees can make their ...
Starting at age 50, federal employees can enhance their Thrift Savings Plan (TSP) through 'catch-up contributions.' By 2025, the additional limit for these contributions is $7,500, allowing workers to ...
Question: “I am a retired federal employee after 35 years of service. I currently have $900k in my TSP account and receive my monthly annuity and Social Security. My house is paid off and the monthly ...
The value of Thrift Savings Plan funds has been volatile over the past year, reaching new highs and producing some big dips. These market fluctuations can make investors nervous. This is doubly true ...