6 Tips for Managing Your TSP Account
Think you know how to manage your TSP account? Make sure you are taking these six tips into consideration.
Think you know how to manage your TSP account? Make sure you are taking these six tips into consideration.
The new year started off with gains across the board for the TSP funds. The TSP stock funds leaded as the C, S, and I-fund were all up more than 1.5% for the week. It seems big names are carrying the indices while the overall action may not be as positive as it seems. ThisRead… Read more »
Stocks fell day after day this week as the election is approaching with no clear winner. There is also no telling how the market will react to a win from either candidate. On top of that, the Fed met this week and conveyed the possibility of a rate hike in December despite the poor conditionsRead… Read more »
Better than expected earnings reports from some big names, such as Netflix and Microsoft, gave stocks the juice to end the week in positive territory. The gains were modest, around 0.5% for TSP stock funds, but its the first positive week in October. This is good if you were in stock TSP funds for theRead… Read more »
Before you commit your money to the TSP annuity, you will want to consider the following.
Stocks rallied Monday which was a rebound after the sell-off the previous Friday; not all of Friday’s losses were erased but it was a plus for the bulls. However the Monday gains were erased Tuesday and the rest of the week contained choppy action with some gains on Thursday, as a result of weak economicRead… Read more »
I am contributing 5% to my TSP, getting the maximum agency match, and I’m also paying into Social Security and the Federal Employee Retirement System (FERS). Is that going to be enough to retire on?
Stocks were up Monday but slowly sold-off through the mid-week days as traders anticipated the release of the August jobs report Friday. The report was thought to give traders an idea of whether the Fed would raise interest rates or not in the next FOMC meeting. The consensus estimates were an addition of 185,000 jobsRead… Read more »
Whether you are in savings mode or retirement mode, you should ask yourself if your preferred vehicle is the TSP or an IRA.
Stocks were thrown into positive territory Tuesday as the market was up at the open; the strong open also happened to be the peak of the week. Stocks sold off intraday Tuesday and the selling continued into Wednesday and Thursday. Janet Yellen spoke Friday Morning about the next potential interest rate hike. Her comments wereRead… Read more »