Deciding when and how much to invest for retirement is one of most important financial decisions people will make in their lifetime. However, it can also be one of the most complex and challenging ones with several tax rules, fund types and investment plans to utilize. One such plan, available to members of the uniformed services and federal government employees, is the Thrift Savings Plan (TSP).
The TSP is a retirement savings and investment plan similar to a company-sponsored 401(k) plan, with slight differences in fees, matching contributions and funds available for investment. Whether you are new to investing and wondering whether the TSP is right for you, or already use TSP but want to know the difference between fund types C, F and S, it may be difficult to know where to get the right answers.
Enter theSITREP, an informational podcast and video series co-hosted by Paul Corbett, Michael McNamara and James Christie. Short for “situation report,” theSITREP covers issues of interest to Veterans, often interviewing subject matter experts to provide information on the many benefits earned through military service. In the latest episode, Corbett was joined by Mike Jerue, the deputy chief investment officer for TSP. They discussed topics including the history of TSP, withdrawing funds during retirement and everything in between. You can listen to the full audio podcast here or find videos on specific topics listed under these general categories:
Getting started with TSP
- What is Thrift Savings Plan
- Pension vs. Thrift Savings Plan
- How to Set-Up Your Thrift Savings Plan
- Thrift Savings Plan Beneficiaries
Comparison of TSP and other investment plans
- IRA vs. Thrift Savings Plan
- Roth vs. Traditional Thrift Savings Plan
- 403b vs. Thrift Savings Plan
- 401k, 457 & 403b vs. Thrift Savings Plan
Investment funds available with TSP
- Thrift Savings Plan Mutual Funds
- Individual Funds (G, F, C, S, I Fund) & TSP
- TSP L Funds
- TSP Company Holdings
Ways to contribute to TSP
- Contributions with Thrift Savings Plan
- Retroactive Contributions to TSP
- Catch-Up Contributions with TSP
- Changing Contributions with TSP
- Are TSP Contributions Tax Deductible
- How to Change TSP Contribution Amounts
- IRA & Thrift Savings Plan Contributions
- TSP Maximum Contributions
TSP after military & government service
- Thrift Savings Plan After Government Service
- Thrift Savings Plan Contributions After Federal Service
- TSP After DoD Service
Withdrawals and Rollovers from TSP
- Roth vs. Traditional Withdrawals
- Thrift Savings Plan Loans & Withdrawals
- Thrift Savings Plan Rollovers
- Thrift Savings Plan DoD Rollover
- Age to Withdraw TSP
TSP at Retirement Age:
- TSP Retirement Calculators
- (RMDs) Required Minimum Distribution & TSP
- Thrift Savings Plan Vesting Period
- How to Access Thrift Savings Plan
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