التفاصيل البيبلوغرافية
| العنوان: |
Do you know what your TSP is for? |
| المؤلفون: |
Whitley, Lisa (AUTHOR) |
| المصدر: |
Government Executive. 8/23/2023, pN.PAG-N.PAG. 1p. |
| مصطلحات موضوعية: |
*INDIVIDUAL retirement accounts, *INCOME tax, *MEDICAL care costs, *PENSIONS, *RETIREMENT, *BABY boom generation |
| الشركة/الكيان: |
THRIFT Savings Plan (U.S.) |
| مستخلص: |
This article discusses the importance of the Thrift Savings Plan (TSP) in federal employees' retirement plans. It emphasizes that a healthy TSP balance can make a significant difference in the quality of retirement, allowing for more financial security and the ability to pursue desired activities and goals. The article suggests that individuals should consider both essential and nonessential expenses when determining their TSP savings goal, including factors such as travel, hobbies, second homes, and leaving a legacy. It also highlights the need to plan for medical and long-term care costs, which can be challenging to quantify but should be accounted for in retirement savings. The article concludes by mentioning the option of using a traditional or Roth TSP and the importance of tax diversification in managing taxable income. [Extracted from the article] |
| قاعدة البيانات: |
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