Just like a 401(k), there is a limit to how much you can contribute to your Thrift Savings Plan. The limit for how much you can contribute to your Thrift Savings Plan is $23,000 in 2024 and $23,500 in 2025 if you're under 50.1112 If you're 50 or olde...
Investment fees also differ. TSP fees are pretty low, usually around 0.05%, and transparent.In the private sector, IRA investment fees can range from0.5% to 2.5%, depending on the kind of fund, and it can sometimes be difficult to know exactly how much they are in aggregate. ...
Given the power of inflation, to neither max out your 401(k) nor invest an additional 20%+ of your after-tax income if you don't have a pension is risky. When it comes to your money, it's always better to end up with too much than too little. How To Calculate The Value Of A ...
however. Apensionwas put into place after World War II and eventually replaced by FERS in the 1980s. The Congressional pension system has not changed much since September 2003, after