Thrift Savings Plan Guidance for Federal Furlough

While congress was hemming and hawing this past week about forcing TSP Investors to defer salary in to ‘Age Appropriate’ TSP Lifecycle funds (in lieu of the G Fund) as their automatic investment, a piece of key TSP news slipped past the radar of the Beltway Bloggers…

Recently the TSP publicized a study sanctioned by its Board of Directors to investigate the feasibility of a ‘Mutual Fund Window’ option within the TSP. This would let participants buy and sell 3rd party mutual funds in a ‘Mutual Fund Supermarket’ from agencies such as Fidelity, Schwab, Vanguard, etc.

Why? Roughly one third of TSP participants- Yours truly included- Have become a ‘very vocal minority’ and are clamoring for a few more flavors of TSP ice cream beyond Vanilla.

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Analysis of MyRA Account
Good? Bad? I’m the Guy with the Gun!

Recently POTUS signed an executive order creating the MyRA Retirement Account.

It acts like a Roth Account, with a maximum value of $15,000, and a maximum income eligibility limit of $191,000 per household.

It makes sense to create another option for individuals saving for retirement. We don’t have enough retirement options for individuals/small business owners right now: Continue reading


Benefits of Structured CDs

(Note: This is part 3 of a series of posts about the benefits and costs of Structured CDs.  Link to Part 1 (Structured CD Risks) / Link to Part 2 (Structured CD Benefits).  At the time of this article, I own an S&P Index-linked Structured CD in a retirement account).

Here’s How (and Where) to use Structured CDs.

DON’T use them in a taxable account – your returns or ‘payback’ at the end of the contract is taxed as ordinary income. Continue reading