Can Annual Leave be rolled into the TSP?
December 18, 2020
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Can excess annual leave (that gets paid lump sum upon the employee’s retirement) be rolled into the TSP or IRA? For federal employees.
TSP Planning Report November 2020
November 13, 2020
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TSP Planning Report November 2020 Facts: Unemployment continued to drop. This month’s unemployment rate came in at 6.9%, compared to last month’s 7.9%. PMI (Purchasing Managers Index) continued to expand. This month’s reading came in at 59.3, compared to last month’s 55.4. The S&P 500 (C Fund) dropped 2.66% during the month of October. The
Will I need a double RMD in 2021?
November 9, 2020
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Q&A: Will I need a double RMD in 2021? Question Due to the waiving of RMDs in 2020, If I am 71 now and retire in November 2020 when must I take the first RMD from the Thrift Savings Plan? Another way to ask the question is the following: For a person who is 71
TSP Planning Report October 2020
October 15, 2020
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TSP Planning Report October 2020 Facts: Unemployment continued to drop. This month’s unemployment rate came in at 7.9%, compared to last month’s 8.4%. PMI (Purchasing Managers Index) continued to expand. This month’s reading came in at 55.4, compared to last month’s 56. The S&P 500 (C Fund) dropped 3.8% during the month of September. The
TSP Planning Report September 2020
September 18, 2020
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TSP Planning Report September 2020 Facts: Unemployment continued to drop. This month’s unemployment rate came in at 8.4%, compared to last month’s 10.2%. PMI (Purchasing Managers Index) continued to expand. This month’s reading came in at 56, compared to last month’s 54.2. The S&P 500 (C Fund) increased 7.19% during the month of August. This
Q&A: Does diversification require being invested in all the TSP funds, including the I fund?
September 4, 2020
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Q&A: Does diversification require being invested in all the TSP funds, including the I fund? Question Stephen, Thanks for your class on the L funds and how the I fund is inefficient. After thinking about it, I don’t recall anyone asking about diversification. One of the benefits of the L fund is diversification. I know
TSP Planning Report August 2020
August 23, 2020
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Facts: Unemployment reads 10.2%, compared to last month’s 11.1%. PMI (Purchasing Managers Index) expanded to 54.2, compared to last month’s 52.6. The S&P 500 (C Fund) increased 5.64% during the month of July. The Fed Funds interest rate remains between 0% – 0.25% However, GDP for Q2 dropped to an eye-popping -32.9%, according to the
Live Webinar – Are the new L Funds any good?
August 13, 2020
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Live Webinar: Are the New L-Funds any good? Last month the TSP introduced new L funds and made a bunch of changes to the existing L funds. Is that a good thing? Well, let’s just say I’m not thrilled. It’s time to revisit and reevaluate the L funds and see which, if any, are a
TSP Planning Report July 2020
July 30, 2020
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Presidential Election:
Of course, we cannot ignore the elections. Seems every presidential election is a high-drama, “do or die” mentality for Americans. Understandably so.
But the stock market doesn’t seems to be so dramatic come election time. Here’s a collection of market responses to elections dating back to 1980:
TSP Planning Report June 2020
June 26, 2020
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Facts: Unemployment reads 13.3%. The Fed Funds interest rate remains between 0% – 0.25% Q1 GDP read -5% according to the 2nd estimate. PMI contracted to a jaw dropping 43.1% The S&P 500 (C Fund) increased 4.76% during the month of May. Assessment: The above facts are improved compared to last month’s report. But, such
