There are three common questions I get as a Financial Advisor: How safe is this, how well might it perform and what is this going to cost. The cost question has become complex over the years as financial institutions find ways to make investment expenses more palatable. One thing we all know by now is … Read more
“Thinking you can take distributions from your TSP any time you want” Your TSP is yours so you can withdraw funds whenever you want – right? WRONG. The TSP is very restrictive about taking distributions. While you are still working, TSP largely follows the IRS rules for all retirement plans, but once you are retired, … Read more
Your TSP is a vital leg of your retirement income plan. Combined with your CSRS or FERS annuity and Social Security (for FERS employees), your TSP plays a vital role in meeting your retirement income needs. Notice, though, that the TSP is the only one of these components of your federal retirement that requires any … Read more