
Inheriting a Spousal TSP
There is a lot of confusion regarding inherited IRAs, especially as they pertain to spousal inherited IRAs and TSP. What happens when a federal employee or retiree dies
There is a lot of confusion regarding inherited IRAs, especially as they pertain to spousal inherited IRAs and TSP. What happens when a federal employee or retiree dies
Federal Employee Group Life Insurance (FEGLI) is one of the many benefits granted to federal employees. But what many employees fail to realize
This is one of the most common regrets I hear from people that are retiring. Why? Because they get to retirement and come to the realization that 100% of their retirement
The 5-year rule is one that often comes up in regard to Roth TSP and Roth IRAs. The 5-year rule states that the account has to be open for five years before withdrawals of earnings
Another important way to lower your taxes is to strategically give to charities. Charitable giving is a part of many people’s annual budget, but there are specific ways
What makes tax planning different in retirement is the fact that you have more control over your income. While employed, your salary is basically your income but
Spending the same amount of money every year in retirement isn’t very practical. A retiree’s fixed expenses should be
The Thrift Savings Plan is widely known as one of the best retirement plans available. It excels at being simple and having low cost, but that doesn’t mean there aren’t some frustrating aspects to it. The decision to keep TSP in
It’s hard to understate the importance of timing and details when it comes to retirement distributions. Tax efficient distributions can only be done
Inflation is a hot topic this summer which has many federal employees wondering how it will impact them in retirement. Federal employees are very fortunate to get a cost-of-living adjustment (COLA) in retirement, however,
Federal employees have a large amount of guaranteed income they can count on as a steady stream of cash flow in retirement. Although it is possible
The first thing to remember is that you don’t have to do anything with your Thrift Savings Plan. And you actually can’t do