I'm in a similar situation and it's a tough call; still undecided but leaning towards leaving in TSP b/c of low expenses, simplicity of investment choices, and away from investment sharks who may be...
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I'm in a similar situation and it's a tough call; still undecided but leaning towards leaving in TSP b/c of low expenses, simplicity of investment choices, and away from investment sharks who may be...
Great idea; plus "pros and cons" of moving from or staying in TSP would be extremely helpful for us soon-to-be retirees.
Ed
Thank you. Ed
Does the transfer from Voluntary Contribution Plan to TSP include both principal and interest? Do you have the reference publication?
Many thanks,
Ed
Here is my view for whatever it's worth of "buy and hold" versus "market timing" which has, frankly, changed over the years of investing.
It reminds me of the "buy term and investment the...
Thank you for the web site; very helpful.
Ed
1) Do you have a source that shows which states exempt federal pensions from state income tax?
2) 1) Do you have a source that shows which states exempt TSP distributions from state income tax?
...
Correct.
Interesting indeed!
Go for it...sounds like a good plan...I like to know which job and agency you work for; I'd like to apply.
Ed
This may help which is the cost of TSP loans.
http://www.tsp.gov/cgi-bin/byteserver.cgi/forms/oc96-16.pdf
Ed
You can check the web site for Monte Carlo Simulation Models which may provide a key to the proper asset mix in retirement to avoid outliving your money.
Ed
Sound advice...thank you.
Historical TSP annuity rates have exceeded 9% when "i" rates were high. Interest rates will eventually go back up, and suggest when that time comes, you may want to...
I agree; start early and max out as much as possible. Our goal when I hit MRA hit in 13 months was to have $1M in our TSP accounts (mine and wife). Getting very close if not at MRA then hopefully...
Thank you...sound advice.
Ed
How do I download file? Thanks for your input.
Ed
The short answer is yes...buy back your time.
Here's is one suggestion.
Portfolio E
Stocks
60%
38% Large Cap Stocks, or C Fund
12% Small Cap Stocks, or S Fund
Google "Monte Carlo Simulation" model which may help determine the asset mix. The financial community seems to generally agree the percentage to draw down retirement assests should be no more than...
Do a google search for the "Monte Carlo Simulation" model which may help you determine the right mix of assets from which to withdraw during retirement.
Ed
Thanks for sharing...I saw this calculator some time ago and revisited after reading your e-mail. With a 13% return, our TSP accounts (wife and I) are projected to hit $1M in 1 year and 17 months. ...
That's a tough question. I'm eligible to retire in 15 months and leaning to keep funds in TSP, at least for a while, because:
1) Low administrative expenses, and
2) Security (perceived)
3) Less...
I was told by an accountant that NYS does not tax defined benefit plans (CSRS and FERS) and taxes defined contribution plans (TSP). You should check with the state income tax department to be sure....
Carey:
Go to www.irs.gov and search for Publication 970 which has information about all the educational programs available including 529 plans.
Hope this helps.
Ed
My understanding is that you can take a TSP loan for any reason, including eduction, up to $50K.
Ed
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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Yahoo Finance Realtime TSP Fund Tracking Index Quotes |