TSP: Should You Stay or Should You Go?
Knowing the particulars of your Thrift Savings Plan (TSP) is an excellent start to understanding your financial future. As a part of your retirement plan, TSP offers you the opportunity to save for retirement, reduce your current taxes, and benefit from agency matches to your contributions. This plan is totally within your control, and you dictate how you’d like to invest, how much of your pay you’d like to put towards this savings plan, and how you want it paid out. Since you have some control over this aspect of your retirement, it makes sense to evaluate the pros and cons of this plan. What better way to understand this concept than through the power of Rock and Roll?