Chris Kowalik outlines the advantages of the Roth Thrift Savings Plan including who are the ideal candidates for contributing to it, the difference between the Roth TSP and Roth IRAs, the steps to withdrawal money from the TSP, and how to abide by IRS rules to make it tax-free more…
Recent Articles
Why Every Federal Employee Needs An Estate Plan
Ed Zurndorfer discusses why every federal employee should think about how their assets will be disposed of at death — including personal residences, life insurance, Thrift Savings Plan, IRA funds, non-retirement brokerage accounts, checking and savings accounts and personal items more…
Financial Planning Pep Talk for Federal Employees
Federal retirement expert, Chris Kowalik, discusses how procrastination can derail your financial planning — and provides tips on reaching your goals more…
How to Avoid the Biggest Mistakes in Making Beneficiary Designations
A complete and comprehensive estate plan includes properly filled out beneficiary designation forms. Ed Zurndorfer discusses what federal employees need to consider in avoiding the 10 biggest mistakes in making their beneficiary designations more…
Thrift Savings Plan RMD and IRA Planning Strategies
The SECURE Act 2.0 resulted in several changes to the Thrift Savings Plan and IRAs. Ed Zurndorfer outlines a number of planning issues surrounding required minimum distributions (RMDs) for both active federal employees and retirees more…
Federal Law Enforcement Officers Retirement
Chris Kowalik breaks down the unique retirement complexities of federal LEOs more…
TSP Updates In-service Age 59.5 Withdrawal Rules
In 2024, the Thrift Savings Plan updated its rules for in-service withdrawals. Ed Zurndorfer outlines the updated rules for TSP participants who make age-based (age 59.5) withdrawals more…
OPM Announces Crack Down on Ineligible FEHB Enrollees
The Office of Personnel Management has new tools to reduce the number of ineligible enrollments in the Federal Employees Health Benefits program more…
TSP Updates Financial Hardship Withdrawal Rules
Thrift Savings Plan updated its rules for in-service withdrawals earlier this year. Ed Zurndorfer discusses the updated TSP rules for financial hardship withdrawals in this part of a two-part series more…
TSP Withdrawal Options
Chris Kowalik outlines how (and when) you can withdraw from your Thrift Savings Plan funds, the limitations on withdrawal options in retirement, and the tax consequences to expect in retirement — both good and bad more…