Abraham Grungold is a retired federal employee with 36 years of federal service – including with the USPS Inspector General, the VA Inspector General, the US Dept of Justice, and the US Dept of Labor. Through his company AG Financial Services he helps federal employees with their TSP and fe...
Assets left to a surviving spouse avoid estate tax, no matter how large the bequest.[…] Set Goals First, Then Make an Estate Plan Estate planning is more than tax planning. Beyond finances, you should have goals for your[…] More inEstate Planning ...
Index funds in the TSP are designed to match the return characteristics of the corresponding benchmark index. For example, the C Fund is invested in a fund that replicates theS&P 500 Index, which is made up of the stocks of 500 large- to medium-sized U.S. companies.7 L funds are inve...
2010, will be automatically enrolled in the TSP with an automatic contribution of 3% of their basic pay, which will be automatically deducted from the employee’s pay each period and deposited into the Thrift Savings Plan. This is in addition to the Agency Automatic ...
This is particularly true when it comes to saving for retirement. Investing in precious metals can be a great way to diversify your savings and leverage the unique benefits of precious metals. Take a look at some of the benefits of a precious metal IRA:...
forgiveness for low-balance borrowers. Although the plan was supposed to forgive more debt in the summer of 2024, a federal appeals court blocked the SAVE plan. The Department of Education has moved borrowers enrolled in the SAVE plan into an interest-free forbearance while the litigation is ...
It is the final step in the hiring process. The purpose is to assess an employee’s performance, conduct, and suitability for permanent federal employment. It is a period for supervisors to determine whether the employee will successfully perform the job requirements before receiving the employment...
Learn what a lifecycle fund is, how it works, and the pros and cons of investing in a lifecycle fund in a 401(k), IRA, or TSP as part of your retirement plan.
In a profit-sharing plan, a company awards employees a portion of its profit at quarterly or annual intervals. In the case of a deferred plan, the money is placed in a long-term account and is normally released only when the employee retires. ...
Notably,457 plansare available to employees of certain types of nonprofit businesses as well as state and municipal employees. TheThrift Savings Plan (TSP)is used for federal government employees, while529 plansare used to fund a child's college education. ...