TSP is Getting More Expensive

The Thrift Savings Plan has gotten more expensive in 2023. Problem after problem headlined the TSP news in the previous year of 2022 and they have started 2023 with more of the same.

Brad Bobb, CFP® | February 27, 2023

Warning: Adjust Tax Withholding in Your First Year of FERS Retirement

Two things in life are certain – death and taxes – one we have very little control over and the other some control over, possibly even more in retirement. Retirement is a different situation than our working years because financial psychology changes from the accumulation phase to a distribution phase.

Brad Bobb, CFP® | February 7, 2023

Numbers to Know for 2023

Retirement savings and taxes are two things that we must navigate when saving for retirement. These two topics are forever changing and something we need to keep up with.

Brad Bobb, CFP® | January 5, 2023

How Much Should I Have in Roth Accounts?

One question I have been asked a lot lately is, “how much should I have in Roth IRAs?” Or a more specific question, “What is the ideal mix between tax-deferred, tax free and taxable assets?”

Brad Bobb, CFP® | December 5, 2022

TSP Declines, Context, and Actions

This year the stock market has gone down a little over 25% which can make anyone feel a little uncomfortable. But what do future returns look like after the market has fallen 25%? Knowing this should give investors some context and an idea of future expectations.

Brad Bobb, CFP® | October 24, 2022

The Federal Retiree Who Did Nothing

I want to share a somewhat common scenario I recently saw in hopes that it will help new and future federal retirees. My biggest reason for sharing is that I see this scenario a lot and I hope it resonates with some of my readers.

Brad Bobb, CFP® | September 21, 2022

Is the TSP Cheap?

“The Thrift Savings Plan is cheap” may be the most common statement I hear to describe TSP, typically from people nearing retirement who are considering options outside of TSP. But is the TSP really “cheap”?

Brad Bobb, CFP® | August 24, 2022

TSP Challenges

The Thrift Savings Plan is an important tool in retirement planning and one that most federal employees rely on to an extent, but several issues have surfaced recently that you should be aware of.

Brad Bobb CFP® | August 8, 2022

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 and has

Brad Bobb CFP® | May 25, 2022

Guide to Federal Employee Group Life Insurance (FEGLI) in Retirement

Federal Employee Group Life Insurance (FEGLI) is one of the many benefits granted to federal employees. But what many employees fail to realize is

Brad Bobb CFP® | May 11, 2022

I Wish I Had.... 5 Regrets of Federal Employees

Have you ever wondered what retirees have to say about their finances after they have retired? Well, after my almost 2 decades experience of working with federal employees, I decide to put together a list of the most common regrets that federal retirees have shared with me.

Brad Bobb CFP® | February 28, 2022

Roth TSP, Roth IRAs and the Five Year Rule

It’s no secret that I am a big fan of Roth accounts and the income tax-free growth they offer. They can be excellent tools for both retirement planning and estate planning; but, it’s important to understand

Brad Bobb CFP® | January 25, 2022