Understanding the Increasing Number of TSP Millionaires
The Increasing Number of TSP Billionaires The Thrift Savings Plan (TSP) offers a secure retirement option for federal employees. While defined pensions under FERS provide valuable benefits not commonly found elsewhere, savings plans can bridge the gap, offering more substantial retirement income or options for a comfortable later life. There’s an ongoing discussion about whether […]
New information on TSP withdrawals and the viability of social security for federal retirees
Terry Garton: There are several reports to discuss today. Let’s kick things off with an update on Social Security. The Social Security Councillors have shared a new report regarding the health of the Social Security Trust Fund. What stood out to you? Tammy Flanagan: Every year around this time, Social Security actuaries publish their reports. […]
If your TSP is in an L fund, stay engaged and don’t ignore it.
The L Fund and TSP Investments The L Fund represents the latest evolution of the Thrift Savings Plan (TSP), but it’s not a completely new concept. It’s been around for over a decade, offering fresh strategies for investing in five traditional funds. These original funds include G, F, C, S, and I, which focus on […]