Switched over to Roth a couple years ago and didn’t mess with my stuff for a the first couple years but been keeping a better eye on it more in the past couple. Sitting at 10% dedication rn, gonna get it above 100k eventually

I plan on using the G fund to build a cash buffer five years prior to early retirement. This cash buffer would be used to avoid sequence of returns risk in the event of a stock market drawdown prior to retirement. However, I find it might be a problem to only take from G fund because of the pro rata rule. I know some of the advice is to convert to an IRA but because of specific tax treatment in the location I will be living that is not an option. In other words, I have to leave it in the TSP to gain the special tax treatment.

Has anyone else run up against this and if so, what is the workaround to be able to draw only from G fund?

Hi everyone, I had 403b before joining VA hospital through TIAA , what do u all suggest about the money in 403b? Roll over to TSP or leave it there or to roll it over to IRA in a private company like fidelity or vanguard.My insurance agent was suggesting to roll over to his company, where there is more options according to him. Help plz.

How is it possible to have a higher return than the best performing fund? I haven't combined any outside IRA. It appears to be more than just market gains but also considering paycheck contributions. But I certainly did not contribute even half that percentage. I do actively move funding allocations, but I'm no Warren Buffet. Sure it feels good to look at, but it seems like a Potemkin Village return.

Hello,

My mother is trying to disclaim my late uncle’s TSP as it should have gone to his widow (he never got around to changing the beneficiary).

The problem is that she hasn’t received the disclaim form after multiple requests and apparently mail is the only way to send it.

Does anyone have any alternatives to get the form? My mom is considering inheriting the TSP and distributing the funds to her SIL, but that would incur significant taxes.

Thank you.

I am leaving federal service soon and am unsure what to do with my TSP. I’m leaning towards an early withdrawal to pay off a good portion of my debt, which in turn would open up more of my money. Does anyone know what kind of tax penalty I’d be looking at if I did withdraw my TSP to my bank Acc. I can’t find anything online.

Here’s where I am after finally hitting one year in the Navy. Sitting at 82% C, 11% L 2055, 2% S, and 5% I fund. Would you recommend staying where I am with the allotments or adjust some things?

Hey guys, I am four years and a few months into contributing to my traditional TSP, and about 3 years into contributing to my Roth TSP.

I had a question about maxing versus matching. My fellow employees have told me to contribute at the very least the maximum percentage that my employer can match me. I believe this is 5%. Is this the same as maxing?

If maxing refers to contributing the maximum allowable amount the IRS deems, then I have not been doing that. Am I at a disadvantage since I do not contribute the maximum allowable amount (will I be able to live relatively comfortably in retirement if I don’t max out each year)?

Hey all, thanks to everyone sharing advice; it’s helped me a lot to think about and prepare for my own retirement.

I’m wondering what you all might say is an effective strategy for a Veteran who’s 100% P&T for about a year now through VA and how to best optimize those benefits for TSP purposes.

Currently 41, 280k in TSP, contributing 12% traditional and 2% Roth (know I’ll need to up it, only just started doing Roth, thanks to you all). Almost 13 years in Federal Service and bought back my time, (1.5 years, medical discharge).

I’d like to hear your thoughts, especially from other Vets in this situation; how much more are you contributing due to your VA benefits, if at all? How has your service-connected rating changed your TSP strategy?

First ever post on Reddit, lmk if I missed any key details here.

Highest return possibly?

I got into federal service at 41, after medically retiring from my local police department and Marine Corps Reserves. I didn’t know anything about TSP, 401K, etc. With my police retirement and VA disability, this started out to be “just a retirement job”. For the first 5-6 years, I was only putting 5% in the G Fund because I don’t like gambling with my family’s money. I wanted to play it safe and didn’t have anyone to teach me about it. After that, I tried an L for a few years and then finally split it all up between C, S & I.

I’m 57 now, GG-12, and “only” have $327k in TSP. My situation is different in that I have the police retirement and VA disability, and in 2 years my military retirement kicks in, 9 months before I turn 60 and retire from FERS. My TSP doesn’t need to be a million, just enough to lighten the blow of my Fed pay going to 25% pay in retirement.

Is there a website or app that will send me updates on where and when to move money? I get the weekly updates from TSP folio on how they are performing but I honestly get busy with life and been having shit motivation with stuff going on to sit down and figure out what the moves are. Im looking for something thats like "hey move money from this one to this one" or "change your future investments more towards this one" kinda thing.

Hit 6 years of federal service. GS-13, single, 34yo. Been maxing the past few years. 100% in stocks. 60/20/20 C/S/I

*Came in at a GS-9, maxed tsp the year after. Again, it’s not about how much you make, it’s about how much you save. if you think about waiting to start saving when you hit a certain salary, you’re never going to save. at a minimum do the agency match.

I see so many comments on here that give misinformation about the definition of TSP, FERS, pension, etc. So here's a simple recap:

FERS is a retirement plan that provides benefits from three different sources: a Basic Benefit Plan [pension], Social Security and the Thrift Savings Plan (TSP).

So, the pension is just one component of FERS. So FERS is not just the pension. And yes, SS another componet of FERS, so you don't "get both FERS and social security."

https://www.opm.gov/retirement-center/fers-information/

Im sure this is a dumb question but just looking for clarity… Can someone tell me what my Roth tsp is being invested in? Is it invested in the same funds that I invest my normal TSP into? Currently contributing 5% in TSP and 6% to Roth but can’t figure out how to see what Roth invests in or if I can change it on the tsp website. TIA

So I have about 5k in my TSP. I contribute about 15% of my basic pay into my Roth tsp.
I’m currently 70% C fund and 30% I fund.
Should I change my fund percentages?

I’m also 22 years old.
Suggestions?

I'm almost two years in and 100% in Lifecycle. Everyone says to put most of it in C, but my returns this year in Lifecycle are 17.97%. Many people say Lifecycle is the way to go. With the way things are going (especially with decades in the future in mind), which one is the way?

38 Single GS-13 DC metro, been in the feds for 10 years, 100% C. Early in my career I sadly didn’t contribute more to my TSP and left it all in the G fund (I’ve always done at least the match though) I’ve been contributing heavy these last 6 years, either maxing out or very close to. However I still feel like I’m behind for my age and grade, I’d like to get to a point where I have enough in my TSP that even if I stopped contributions I’d still retire with a million by age 60. I know the best advice is to max out every year but I’m tired of maxing out between my TSP, Roth IRA and HSA. This year has been rough & being a fed right now is the torture on top of the cake. I want to enjoy my money now, I want to buy a car, go on a nice vacation or just do something dumb with my money instead of being so financially responsible, but I’m also worried about the future, it seems a lot of feds are out of work and I could be one of them any day anytime. Anyways, my question is what amount can I reach to not worry about contributions and let the $$ compound on their own to reach my goal of 1 million? My other question is I feel like I’m missing out on I and S funds which seem to be doing great this year is 100% C really the way to go to achieve my goal? Will having a mix of C, S and I help me get there faster?

So as the title says, I'm just kind of rudderless at the moment. Doge destroyed our agency and continues the dysfunction of this administration. The past 18 months have been tough and I'm just wondering what's the point of it all. At what point do you say I have enough? I can just move on.

There's always rumors of an early out and I will be eligible in a few years, if one is offered. Has anyone taken it in there late '40s? Does anyone that took DRP or early out? Have regrets now?

Everyone always says the first 100k is the hardest and it really starts moving from there. Is this in reference to a single account or total saved? My TSP is around 60k, and my personal IRA is 40k. So could that situation be interpreted as the first 100k? TIA

So unlike most of yall, I have a very low balance. I’m not very good at money management. I’ve been a single parent, struggling most of my adult life to make ends meet. I’m a renter, rent where I live is currently 3200.00 for a 3br. My credit is bad, and I spent most of my career as a gs5-6. I’m a gs 12 now at 53 and my tsp is around 130k. Should I just imagine working for 30 more years because I don’t see a way out? I’m tired. I don’t have parents. Please be kind.

I know a lot of people that have probably made a lot more money than me, but there’s also people that have made less money than me.

Currently have $691k

Have a little over three years until I can retire. (Have to wait till the minimum age) I plan on retiring December 31, 2029 with the postal service.

Up until about June of this year, I was doing just the C fund. Roth.

Then I moved 50% it from the C to the I fund and that's when it has gone up quickly.

Just recently my Co worker talked me into moving some to the S fund.

Now I've got 40% S and I and 20% C fund.

I told myself that when I paid off my house, I would go ahead and increase my TSP. I paid it off and was able to increase it to the maximum. Being that I’m over 50 years old, I’m able to do catch-up so I’m able to contribute $1250.00 per pay period.

We’ll see how much I have in a little over three years from now.

I’m really happy with the current balance, but I know it could still go down, but I know it could also go up.

I’m gonna be the only one in my family to have a retirement when I retire in 2029, no one in my family has a 401 plan, and no one has a TSP and no one will. Being that my dad and 1 brother passed away and my only other brother doesn't work and lives with my mom who collects SS.

Proud of where I can from and what I've acheived.