Tag: Federal Employee Benefits

Are TSP Distributions Taxable?

Do you contribute to the thrift savings plan (TSP)? It’s one of the most powerful retirement savings vehicles you have available. You receive an automatic 1% agency contribution in the plan, regardless of whether or not you contribute. You can also receive matching contributions on up to the first 5% of your compensation that you […]

How Did the TSP Funds Perform in the First Half of 2019?

Do you participate in the thrift savings plan (TSP)? It’s a powerful savings vehicle for government employees. You can contribute up to $19,000 to the TSP in 2019. That figure increases to $25,000 if you’re 50 or older.1 You can allocate those contributions, plus any matching contributions from your agency, to a variety of funds. […]

Is Now the Right Time for You to Retire?

Government Employee Retirements Are Surging. One of the biggest benefits of federal government employment is the ability to retire at a relatively young age. If you’ve had a long career with the federal government, it’s possible that you can retire with a full pension in your late 50s or early 60s. According to recent data, […]