Our Thoughts & Insight - Federal Employee
The Roth TSP: Why isn’t it more popular?
Why isn’t the Roth TSP more popular? As of June 2020, there were 3,569,305 FERS participants in the Thrift Savings Plan. However, only 666,175 people actually had money in the Roth TSP— only about 18% of all folks enrolled in the plan! Additionally, the average Roth...
Summary of the New Thrift Savings Plan Distribution Regulations
New Thrift Savings Plan Distribution Regulations Starting in September of 2019 year, OPM unveiled its New TSP distribution regulations as mandated by the TSP Modernization Act of 2017. These rules new regulations are a long time coming and will provide many retiree’s...
Is FEGLI a waste of money?
Is FEGLI a waste on money? Let’s find out. Lessons from the ‘Boiling Frog’ on making smarter insurance decisions. The boiling frog is a fable describing a frog being slowly boiled alive. All gore aside, the premise is that if a frog is put suddenly into boiling...
Behind the curve. Grading the TSP on new withdrawal rules
n September 15th, the TSP rolled out their much-anticipated new distributions rules and regulations required by the TSP Modernization act of 2017. With the approval of this law, it finally brought thousands of retired TSP participants relief from the previous stringent withdrawal restrictions.
