by Benchmark Financial Group | May 2, 2024 | Retirement Income, Thrift Savings Plan
As federal employees, retirement planning often involves navigating the intricacies of the Thrift Savings Plan (TSP). The TSP is a vital component of retirement savings for millions of government workers, offering investment options similar to a 401(k) plan in the...
by Benchmark Financial Group | Nov 1, 2023 | Retirement Planning, Social Security, Thrift Savings Plan
Retirement marks a significant milestone in one’s life. As you approach this transition, it’s crucial to make informed decisions that will shape your financial future. When it comes to federal retirement, there are several key topics that demand careful...
by Benchmark Financial Group | Oct 4, 2022 | Retirement Income, Retirement Planning, Thrift Savings Plan
As a federal employee, you are probably aware that your Thrift Savings Plan offers many of the same advantages as a 401(k) plan often offered by private sector employers. There are many options to consider when managing your TSP—fund options, how much to contribute,...
by Benchmark Financial Group | Jun 30, 2021 | Retirement Income, Thrift Savings Plan
The Thrift Savings Plan (TSP) for the final piece of the retirement puzzle. If you missed the articles for Social Security or Pensions, please see our blog posts that look at those topics and how they fit into the retirement puzzle. The TSP is a retirement savings and...
by Gary Raetz | Apr 23, 2020 | Market Conditions, Thrift Savings Plan
With so much uncertainty regarding both the economy and personal finances at this time, you might wonder if you should take advantage of the opportunity to access funds in your Thrift Savings Account. You can take a hardship withdrawal or loan from your TSP. Many of...
by Gary Raetz | Feb 24, 2020 | Thrift Savings Plan
In past blogs, we have discussed retirement timing and planning for your ideal retirement date. But of course, sometimes things don’t go as planned. In the event that you want or need to retire earlier than you originally scheduled, you might need to access your...
