This is the third segment of “The 20 biggest mistakes federal employees make with their TSP”. Last week I wrote about two big mistakes; “Thinking you can take distributions from your TSP any time you want” and “Wrong timing of your TSP contributions can mean Forfeiture of matching contributions”. Next week I will discuss the mistakes … Read more
The TSP allows participants to take loans from their accounts – but is this is good idea? Is it sound financial decision-making to borrow from your retirement account? Unfortunately, the answer to the TSP loan question is not a simple “yes” or “no” but rather an emphatic “maybe” – so let’s look a little closer … Read more
It’s likely that if you’re a Federal employee, age 50 or older, the day you put in your papers for retirement is never far off in your mind. Most of us look forward to the day when someone else has taken over our professional obligations. So it’s natural to wonder if in fact you can … Read more