The Thrift Savings Plan (TSP) Lifecycle Funds, or L Funds, are designed to simplify retirement investing by automatically allocating contributions across the TSP’s five core funds: G, F, C, S, and I funds. These allocations are adjusted quarterly to balance risk and…
Planning for a federal retirement brings unique challenges, especially when most retirement advice targets private-sector employees without pensions like the FERS annuity. Federal employees have different benchmarks for savings, making it important to focus on guidelines tailored to your needs.
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Federal employees have had the option to make after-tax contributions to the Roth Thrift Savings Plan (TSP) since spring 2012. This account offers the advantage of tax-free withdrawals in retirement, on top of the agency match. However, despite its potential benefits, the…
