Separating or Recently Separated from Federal Serivce?
The TSP is a great retirement plan in many ways, but for some folks it might make sense to make a withdrawal/rollover at separation.
Here’s what you need to know.
The Federal Retirement Thrift Savings Board (FRTIB)- aka the folks who run the TSP- recently released their update to their Strategic Plan. Here are some of the highlights (quotes in italics, GubMints commentary in normal font).
The only down side to the shrinking Customer Base (through Fed attrition and lack of participation by Active Duty) is a possible hike in TSP fees to compensate for reduced sales volume.
For those arriving late to the GubMints party, make sure you read my gushing post declaring that You and the TSP should be Best Friends Forever.
TSP Customer Base Continue reading
Sorry the GubMints posts have been a bit sparse over the last week or so- I’ve just accepted a new job in Industry, and I’m fully engaged trying to ‘Get a sip of water from the Fire Hose’ as I learn the ropes at the new job.
GubMints posts will be focused on my experiences separating from Federal Service for the next month or so, as I wade my way through the following events: Continue reading
The Thrift Savings Plan (TSP) has issued guidance on how TSP accounts will be administered under Federal Employee Furloughs (Sequestration).