The Thrift Savings Plan – here’s a list of fast facts that you should keep in mind. Welcome to part three of our series of “listicles.” We’ll be going over 5 key points to remember for several areas of retirement ... Read More
Retirement and Benefit Quiz for Federal Workers
05/05/2023
Serving Those Who Serve’s Weekly Quiz for Feds! UPCOMING TSP WEBINAR [ays_quiz id=”55″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do not guarantee that the foregoing material is accurate ... Read More
Important Age and Service Milestones for Federal Employees
05/05/2023
A list of milestones that feds can use as a guide to make sure they’re on track for retirement planning. Federal employees reach stages of their federal service in which they achieve age and service milestones. The following is a ... Read More
We go into more detail on lessons he learned from football that are applicable to federal retirement planning. Hello readers. Welcome to my second installment in the series, “Don’t Miss These Three Federal Retirement Lessons from… Football?” As promised, here ... Read More
Tax Consequences of Transferring a Traditional TSP to a Roth IRA
05/01/2023
Beware of the Income Tax Consequences When Transferring a Traditional TSP Account to a Roth IRA. Edward A. Zurndorfer – Federal employees who are 59.5 and over and federal retirees are eligible to make withdrawals from their Thrift Savings Plan ... Read More
Quick Quiz Questions About the TSP
04/28/2023
This week’s quiz for federal employees focuses on the Thrift Savings Plan (TSP) UPCOMING TSP WEBINAR [ays_quiz id=”54″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do not guarantee that ... Read More
Understanding Hazard Pay for Federal Employees
04/27/2023
A quick look at the rules and restrictions surround hazard pay for the federal workforce. This article is for feds who are paid by the General Schedule (GS), not those who are paid under the wage system, although they do ... Read More
TSP Expense Ratios Remain High After Modernization
04/25/2023
The total expense ratio for the TSP hit 7.6 basis points (or, 0.076% of the invested amount that the account holder pays for managing the investments) in 2021, and from what information is available, seems to have dipped to 0.069% ... Read More
How New Jersey and Pennsylvania Tax the TSP
04/24/2023
TSP Participants Living in New Jersey and Pennsylvania Should Be Aware on How Their Traditional TSP Withdrawals Are State-Taxed Edward A. Zurndorfer – Most federal employees are familiar with the tax benefits associated with the traditional Thrift Savings Plan (TSP). ... Read More