Federal Employee Information Partnership
The designated Beneficiary, may be the most overlooked, misunderstood and even neglected important retirement detail and we often see this given the least consideration in retirement planning. If you don’t plan right, it could cost thousands of dollars, it may hold up needed funds for a period, perhaps a long time, or may not reach […]
Your Beneficiary and Considerations Read More »
In the beginning, when an employee builds their qualified retirement account in TSP (and IRA or 401(k) ) required distributions seem a forever away. During the years of your career, a routine of savings and budget can build a nest-egg that, in the end, the distribution, now required at age 72, are not needed, wanted
THE UNWANTED Required Minimum Distribution (IRA, TSP,401(k) ) Read More »
In planning for retirement, of course, we all want the highest possible retirement income possible. If you are able or willing, here are few suggestions for the long term planning:
Beef Up Your Retirement Read More »
The day has arrived, you will be submitting your SF-3107 for retirement. The moment arrived faster than you anticipated, so you rushed through the process. Before you turn it in to HR, look it over and consider the following common mistakes: It is important that you meet a planner knowledgeable with the federal syste,
Common Problems When Applying for Retirement Read More »
Many times, throughout the year, an employee has an opportunity to stay on the job, put retirement off for a while to take or apply for promotion. When the promotion is approved, the picture has changed, especially for the retirement. Higher salary which leads to a higher H-3, and a bigger retirement. The most impact
Promotions and Retirement Read More »
Achieving retirement readiness is about both financial and mental preparation. It’s important to make sure you have both areas covered before you make the big move. Here are some tips and resources to help you prepare.
Achieving Retirement, needs a sharp pencil and calculator: Read More »
If you’re going to use the individual TSP funds to build your portfolio, you’ll want to rebalance periodically. Rebalancing is the process of bringing your portfolio back into line with the overall allocation you want to maintain based on the level of return and risk you’re targeting. The longer one has until retirement, the more
TAKE CONTROL OF YOUR TSP Read More »
I’ll admit, it is not an easy making one of life’s major decisions, that being retirement, when, what strategies, what have you not thought about, who to listen to and who not to listen to? Your life, as a federal employee was highly structured, manuals, pamphlets and supervisors made clear, or should have made clear,
MAKING YOUR RETIREMENT DECISIONS Read More »
If we know a fund will decline, we are likely to move to a fund which is not losing. Right? This makes sense, but what is confusing to many is the timing of the move to a different funds. The advice most headed is put it away and forget it. This may not be a
This TSP Fund That TSP Fund, How to Decide? Read More »
Understanding the Regulations: First, understand if you are looking to convert your Traditional TSP into a ROTH, regulations say you cannot do so and remain in the TSP. TSP says that is a No No. If you do want to convert, then you must transfer your traditional TSP out of the TSP program. Next, you
The TSP ROTH Conversion Read More »