Editor's note: An earlier version of this article incorrectly said Roth TSP distribution may not be subject to income tax and a 10% penalty under certain circumstances. Tax-free Roth Thrift Savings ...
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With so many federal employees facing an unexpected end to their federal careers, it might be a good time to go over some of the tax rules. Paying taxes is necessary, however, paying a tax penalty ...
If you’re a government worker with a Thrift Savings Plan (TSP) from your employer, congratulations! With low management fees to matching contributions, you have one of the best investing tools ...
HUNTER ARMY AIRFIELD, Ga., -- There are three common mistakes individuals make when it comes to their Thrift Savings Plan according to Michelle Roper, an accredited financial readiness specialist on ...
The Thrift Savings Plan (TSP) is designed to help federal employees and military service members save for retirement on a tax-advantaged basis. If you decide to leave federal employment, one thing you ...
I don’t recall when it was that I first heard – or perhaps read – that simple bit of financial wisdom. But I do know it was sometime way back in my younger days, and that it sure sounded right – like ...
The Thrift Savings Plan is a retirement savings and investment account for federal government employees. Also known as the TSP, the Thrift Savings Plan offers similar features and benefits to a ...
As the government shutdown continues to strain the finances of federal workers, many are turning to no-interest loans to ...
Dave Ramsey criticized a military officer for $57,000 post-divorce debt due to truck purchase and advised him to sell it and rebuild finances.
The Thrift Savings Plan hopes to get faster and better. The TSP board yesterday signed off on a two-year project to buy computers and technology for tracking the millions of dollars in stock and bond ...