Starting January 1, 2026, Federal employees and retirees will be able to convert money from their traditional Thrift Savings ...

Thrift Savings Plan participants and spousal beneficiaries can shift money from traditional, pre-tax TSP balances to Roth ...

Resumption of Contributions: The most significant change is that for active federal employees, Thrift Savings Plan (TSP) contributions, including the agency matching contributions (for FERS employees) ...

I'm 71 years old and my current Thrift Savings Plan (TSP) balance is $315,000 after withdrawing $60,000 this year. This is ...

When saving for retirement, the first decision is how much. But the next decision is where: Do you contribute to a ...

With the importance of retirement accounts to family finances, it may seem surprising that “forgotten 401 (k)s continue to ...

Thomas, who is an active duty member of the military, called in to the show seeking advice after racking up about $57,000 in ...

The SECURE 2.0 Act, passed in 2022, has been making waves in the way Americans approach retirement. From making enrollment in company retirement plans automatic to increasing the age for ...

If you’ve switched jobs, what did you do with your 401(k)? If you don’t remember, or if it’s still with your previous employer, you may be leaving hard-earned cash on the table. More than half (54.3%) ...

"OPM has not really handled, A, this new system before, and B, this many federal employees retiring all at the same time," said Thiago Glieger.

This type of account offers triple-tax benefits, and is especially useful after you turn 65. And the great part is that you can open it well before retirement age.

Early withdrawals from your 401(k) may ease today’s cash crunch, but taxes, penalties, and lost compound gains can cost you tens of thousands in the long run.