This week, I mentioned on a Facebook post that Traditional retirements accounts are often a great choice even though most people recommend Roth. The person I was speaking to asked me to follow up with why Traditional could be better. Today's Social Media Saturday is my answer to … [Read more...] about Traditional vs Roth: Social Media Saturday
TSP
The TSP Modernization Act
Most of us are years away from withdrawing money from our Thrift Savings Plan accounts. For that reason, you probably haven't paid too much attention to how you actually take money out in retirement. You just get onto your TSP account and request money be sent to you, right? … [Read more...] about The TSP Modernization Act
8 Weeks In: A Blended Retirement System Update
A lot of people have asked questions about the Blended Retirement System (BRS) since it started on January 1st, so I wanted to give you an update on what I know. The “Was I Supposed To Get Government Contributions In January” Confusion The number one most common thing I’ve … [Read more...] about 8 Weeks In: A Blended Retirement System Update
Thrift Savings Plan Lifecycle Funds
Today we’re going to be talking about the Thrift Savings Plan Lifecycle Funds. Last Friday I wrote about target date funds. If you haven’t read that yet, make sure you do because it leads into this post. My military readers may have wondered whether we have any target date funds … [Read more...] about Thrift Savings Plan Lifecycle Funds
The Easiest Investment Fund You Can Choose…and its downside
Have you heard of analysis paralysis? It’s when you spend so much effort thinking about every facet of a situation that you become bogged down and end up never making a decision. While analysis paralysis can affect a lot of aspects of life, here I care about how it affects your … [Read more...] about The Easiest Investment Fund You Can Choose…and its downside