Financial Planning – TSP Insights

Financial Planning by TSP Insight Author April 1, 2025

Steps To Take With Layoffs Looming

With many federal employees still reeling from mass layoffs, legal challenges, and job insecurity, it’s important to be prepared. Download Important Documents eOPF - You lose access to your Electronic Official Personnel File when you separate from service, so make sure that…

Financial Planning by TSP Insight Author March 18, 2025

0Comments

Penalty-Free TSP Monthly Payments

Federal employees who exit service before age 55 can opt for monthly withdrawals from their traditional Thrift Savings Plan (TSP) based on their life expectancy. When executed correctly, these monthly payments avoid the 10% early withdrawal penalty, though they remain fully taxable.…

Financial Planning by TSP Insight Author March 4, 2025

0Comments

Drawbacks of the TSP vs IRA

The Thrift Savings Plan (TSP) was established by Congress in the Federal Employees Retirement System Act of 1986. Known for its low fees and simplicity, it’s one of the largest retirement plans in the world. There is currently around $985 billion invested…

Financial Planning by TSP Insight Author December 10, 2024

0Comments

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,…

Financial Planning by TSP Insight Author December 3, 2024

0Comments

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…

Financial Planning by TSP Insight Author November 19, 2024

0Comments

Why an Emergency Fund Is Essential for Protecting Your TSP

During your working years, it’s generally recommended to have an emergency fund that can cover three to six months of living expenses. But in retirement, that cushion might need to be even larger to handle unexpected costs—including the impact of a stock…

Financial Planning by TSP Insight Author November 5, 2024

0Comments

How Much Should You Have Saved in Your TSP by Age 50?

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. By Age…

Financial Planning by TSP Insight Author October 15, 2024

0Comments

The Pros and Cons of Using Your TSP For College Tuition

If you haven’t been contributing to a 529 or pre-paid tuition plan for your child’s college tuition, you may be tempted to dip into your TSP to fund their education. Considering the high interest rate climate we find ourselves in, many parents…

Financial Planning by TSP Insight Author October 1, 2024

0Comments

TSP After Retirement – Should You Stay Or Should You Go?

Financial planning is key to a secure retirement, but your financial plan shouldn’t follow a “set it and forget it” strategy. Even in retirement, you’ll need to make important decisions that impact your nest egg, and an important one is where to…

Financial Planning by TSP Insight Author August 27, 2024

0Comments

How A Divorce Impacts Your TSP

Unlike many of those in the private workforce, employment for federal employees is governed by federal laws. As a result, any divorce orders that affect your benefits must comply with these laws. It’s important to have an understanding of the documents you’re…

M	T	W	T	F	S	S
	1	2	3	4	5	6
7	8	9	10	11	12	13
14	15	16	17	18	19	20
21	22	23	24	25	26	27
28	29	30