All Posts – Page 3 – TSP Insights

Retirement Planning by TSP Insight Author June 24, 2025

Understanding Required Minimum Distributions

Contributions to your Thrift Savings Plan (TSP) or other tax-advantaged retirement accounts are made with pre-tax dollars, meaning they haven’t been taxed by the federal government. Eventually, the IRS requires you to withdraw funds from these accounts to collect its share. These…

Policy Updates by TSP Insight Author June 17, 2025

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TSP General Purpose Loans Are Increasing: What It Means for You

General Purpose TSP Loans are on the rise, with recent data showing a significant jump in their usage. In 2023 alone, the number of outstanding loans increased by 40%. By the end of the year, nearly 480,000 loans were active, totaling close…

Financial Planning by TSP Insight Author June 10, 2025

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What’s Your TSP Withdrawal Plan?

Do you spend more time planning vacations than thinking about your retirement withdrawals? If so, you might want to reconsider. Retirement could last 30 years or more, so it deserves the same focus you’d give to any big life event. After all,…

Tools and Resources by TSP Insight Author June 3, 2025

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Comparing In-Service TSP Withdrawals and TSP Loans

If you’re weighing a Thrift Savings Plan (TSP) loan against an in-service withdrawal, it’s essential to understand the differences to choose the best option for your needs. Two Types of In-Service TSP Withdrawals In-service withdrawals allow you to take funds from your…

Retirement Planning by TSP Insight Author May 27, 2025

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Reviewing Retirement Options

The federal workforce continues to experience mass upheaval as the current administration carries out its plan to reduce costs and increase efficiency. As lawsuits challenging mass layoffs filter through the courts and proposals to reduce federal benefits advance, federal employees face an…

Retirement Planning by TSP Insight Author May 20, 2025

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Smart TSP Withdrawal Strategies

Deciding how to withdraw funds from your Thrift Savings Plan (TSP) is a critical step in retirement planning that can shape your financial future. For those with both traditional and Roth TSP accounts, the order of withdrawals influences not only how long…

Retirement Planning by TSP Insight Author May 13, 2025

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Retirement Processing Modernized

Proposed changes to federal benefits, such as the elimination of the retiree annuity supplement and the transition to a “high-5” annuity calculation, could sway many federal employees to seek retirement. Fortunately, according to a recent memo from OPM, retirement processing has been…

Financial Planning by TSP Insight Author May 6, 2025

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Exploring Your Options: Rolling a TSP Into an IRA

Thinking about rolling over your Thrift Savings Plan (TSP) into an Individual Retirement Account (IRA)? It’s a big decision, and knowing the ins and outs of both options can help you make the right call. Many TSP participants choose to roll their…

Investment Strategies by TSP Insight Author April 29, 2025

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Roth Conversion Pros and Cons

A Roth conversion can offer significant benefits, but it comes with important tax implications. Benefits Contributions to Roth IRAs have already been taxed, which means you’ll have tax-free withdrawals of contributions and earnings in retirement (after age 59½ and if the account…

Investment Strategies by TSP Insight Author April 22, 2025

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TSP and Market Volatility

Managing your Thrift Savings Plan (TSP) allocations during a volatile market requires balancing opportunity and risk. Two primary strategies emerge: buying when the market is down to maximize long-term gains and shifting to safer funds to minimize losses. Each approach has merits,…