TSP

The Thrift Savings Plan: What Is It and Why Do You Need It?

What is Thrift Savings Plan (TSP)? TSP is an account similar to a 401(k). Federal employees (including those in uniform) may participate in the TSP. Military members put pre-tax money into an account, and have the right to take the money out of the account at a certain point in...
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There Are Really Only Four Ways to Cut Your Taxes

That is right. I said it. There are really only four ways to cut your taxes. When you look at all the things out there, they break down into four different areas. So, let’s take a look at each area and the pluses and minuses. Spend a Dollar to Cut...
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Your Rich Uncle Wants to Help You Save for Your Retirement

Your rich Uncle (Sam, that is) wants to help you save for your retirement. In fact, through the tax code the US Government has done several things to help pick up the tab for your retirement savings. I’ll review a couple that you may already be familiar with and then...
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Should You Take Advantage of the TSP’s G Fund?

Are you invested in the Thrift Savings Plan (TSP)? If so, did you realize that you have access to an investment vehicle that others can’t access? You do. The humble G Fund is unique and it is only available to those who invest through TSP. Let me explain… The Treasury Department issues...
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The 9th Wonder of the World

I’ve been told that Albert Einstein stated that compound interest was the 8th wonder of the world. My 6th-grade teacher, Mr. Rast, helped demonstrate that to me more than a few years ago. He asked me if I would prefer $100,000 or one penny doubled every day for a month....
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The Thrift Savings Plan: What Is It and Why Do You Need It?

There Are Really Only Four Ways to Cut Your Taxes

Your Rich Uncle Wants to Help You Save for Your Retirement

Should You Take Advantage of the TSP’s G Fund?

The 9th Wonder of the World

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