Roth strategies are not going away. But the way certain federal employees use them is changing, and the timing of your decisions is becoming far more important.
The United States government's Deferred Resignation Program 2.0 (DRP 2.0), is a voluntary program that lets federal employees resign in advance but still get paid and keep benefits until September 30, ...
Active-duty and federal employee veterans have until Dec. 31 to contribute to their Thrift Savings Plan for 2025. The annual limit is $23,500, with an extra $7,500 catch-up for those 50 and older; or ...
A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify, ...
Retirement is a journey marked by important milestones—ages at which decisions can have lasting impacts on financial security, health coverage and overall well-being. Because many federal employees ...
Federal employees cited their pensions, Thrift Savings Plan accounts and health insurance as the most important benefits that play into their decisions to join and stay in the government, a survey ...
This past summer, the Employee Benefit Research Institute rolled out its 34th annual Retirement Confidence Survey. I detailed some of the high-level findings in this article, including a positive ...
I am writing regarding the Aug. 2, 2024, article titled "Thrift Savings Plan's rocky rollout of new system caused by mismanagement, GAO says." The article painted an incomplete picture of the results ...
HUNTER ARMY AIRFIELD, Ga., -- There are three common mistakes individuals make when it comes to their Thrift Savings Plan according to Michelle Roper, an accredited financial readiness specialist on ...