Benchmark Financial Group Blog

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Should You Wait Until Age 70 To Access Your TSP?

Should You Wait Until Age 70 To Access Your TSP?

Retired federal employees earn the advantage of three forms of retirement income; their pension, Social Security benefits, and distributions from the Thrift Savings Plan offer a form of income security not often enjoyed by other retirees. Still, having more options doesn’t mean you shouldn’t still strategize to your best advantage. Since you...

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The Top Ten Daily Money Wasters to Avoid

The Top Ten Daily Money Wasters to Avoid

We all know that stashing every bit of money possible is one of the smartest ways to plan for a more stable retirement. But, of course, you can’t stash what you don’t have! If you’re short on funds to devote to retirement savings, it could be because you’re losing money to one or more bad habits. Each of these items seems fairly innocuous on its...

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How the TSP Modernization Act Might Affect You

With more than $550 billion collectively stashed in Thrift Savings Plans, federal employees clearly enjoy this important retirement benefit. The fund is structured similarly to 401(k) accounts offered by many private sector employees, and features investment options with a low fee structure. But still, there is always room for improvement. The...

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