Because the TSP does not function as a pension like the basic benefit plan and Social Security, your earnings after 30 years would be based on the funds you choose, the amount of money you contribute above the amount your employer deposits, and market conditions that...
If you quit your job, your Thrift Savings Plan will remain as is if the balance is $200 or more, and it will continue earning a return. However, if you're notfully vestedas a FERS or BRS employee, the government may withdraw its contributions and the associated earnings from your accoun...
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