Leaders Workshop

Soft Skills Development & Training

Blog Archive

Powered by Blogger.
Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Yes, the max is either Roth or Traditional, or a total of the two.On Tue, Nov 30, 2021 at 7:59 PM Ardon Kharpuri Mukhim via groups.io <akharpuri=yahoo.com@groups.io> wrote:Does the increase apply to roth tsp for 2022? On Tue, Nov 30, 2021 at 3:37 PM, sorullo1 via groups.io<sorullo1=yahoo.com@groups.io>...
Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Does the increase apply to roth tsp for 2022? On Tue, Nov 30, 2021 at 3:37 PM, sorullo1 via groups.io<sorullo1=yahoo.com@groups.io> wrote: Thank you I may end up with no pay check but at least I will have it in TSP with lower earnings for the year. On Nov 30, 2021, at 2:59 PM, tmelick...
_._,_._,_

Groups.io Links:

You receive all messages sent to this group.

View/Reply Online (#2878) | Reply To Group | Reply To Sender | Mute This Topic | New Topic
Your Subscription | Contact Group Owner | Unsubscribe [prefander.leadersworkshop@blogger.com]

_._,_._,_
Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Thank you I may end up with no pay check but at least I will have it in TSP with lower earnings for the year. On Nov 30, 2021, at 2:59 PM, tmelick via groups.io <tmelick=yahoo.com@groups.io> wrote:Yes, you can, just calculate how much to withdraw to your TSP each pay period before your...
Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Yes, you can, just calculate how much to withdraw to your TSP each pay period before your April 2022 retirement so you reach the max by then-------- Original message --------From: "sorullo1 via groups.io" <sorullo1=yahoo.com@groups.io> Date: 11/30/21 13:36 (GMT-06:00) To: TSPStrategy@groups.io...
Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Great info, thank you all! I have a question though…If I am retiring at the end of April 2022, can I Max out contributions to TSP and Catch up?On Nov 30, 2021, at 1:13 PM, Mike VanAmburgh <mjv325@gmail.com> wrote:I'm going to submit my $1039 change at the end of next week. I turn 50 next year...
Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

I'm going to submit my $1039 change at the end of next week. I turn 50 next year so it will be nice being allowed to invest more. If you submit it too early and the amount takes effect prior to the cutoff for 2021, you'll still be cut off at the max for this year without losing your match. For example,...
Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Pretty sure it starts Jan 2022On Tue, Nov 30, 2021 at 6:26 AM Tim via groups.io <timothy.j.bryson.civ=mail.mil@groups.io> wrote:Does anyone know the date to make changes for 2022 TSP contributions to be effective on on the First PP of 2022?Also - i think the Limit has gone up to $20,500 for Regular...
Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

for those of us with pay via the National Finance Center, make your changes effective Pay Period 26... (this may not apply for those who work for agencies who have their pay processed elsewhere)-------- Original message --------From: "Tim via groups.io" <timothy.j.bryson.civ=mail.mil@groups.io>...
Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Re: [TSPStrategy] 2021 Date for TSP 2022 Contributions

Elections should be made during the PP of Dec 5-18On Tue, Nov 30, 2021 at 9:26 AM Tim via groups.io <timothy.j.bryson.civ=mail.mil@groups.io> wrote:Does anyone know the date to make changes for 2022 TSP contributions to be effective on on the First PP of 2022?Also - i think the Limit has gone...
[TSPStrategy] 2021 Date for TSP 2022 Contributions

[TSPStrategy] 2021 Date for TSP 2022 Contributions

Does anyone know the date to make changes for 2022 TSP contributions to be effective on on the First PP of 2022?Also - i think the Limit has gone up to $20,500 for Regular and $6,500 for Catch Up for a total of $27,000.By 26PP then biweekly contribution would be $1,038.47 per pay period. Please let...
Re: [TSPStrategy] Will the I'm a Crayon variant cause more market panic?

Re: [TSPStrategy] Will the I'm a Crayon variant cause more market panic?

I'm staying put as well. Timing the market is fortune teller work and I've never had success. Also, my time horizon is still a ways out. Will recover, unless we go kinetic with Russia or China. Very Respectfully,Claus J. Ullstad All In, All Of The Time!- In honor of SOCS Tom ValentineOn Nov...
Re: [TSPStrategy] Will the I'm a Crayon variant cause more market panic?

Re: [TSPStrategy] Will the I'm a Crayon variant cause more market panic?

That's possible. Continue checking the index futures this evening to see what's going on. From my perspective, I'm staying put where I'm at - which is mostly equities. Approaching retirement, I diversified for the first time at the end of last year...
Re: [TSPStrategy] Will the I'm a Crayon variant cause more market panic?

Re: [TSPStrategy] Will the I'm a Crayon variant cause more market panic?

without question -------- Original message --------From: judd <judd@ionsky.com> Date: 11/28/21 08:20 (GMT-06:00) To: TSPStrategy@groups.io Subject: [TSPStrategy] Will the I'm a Crayon variant cause more market panic? Looking for opinions or insight...will the Omicron (should have been...
[TSPStrategy] Will the I'm a Crayon variant cause more market panic?

[TSPStrategy] Will the I'm a Crayon variant cause more market panic?

Looking for opinions or insight...will the Omicron (should have been Xi) variant cause more market panic tomorrow?? ...
Re: [TSPStrategy] TSP loan

Re: [TSPStrategy] TSP loan

On the 10%. He is already at 59 1/2 so no issue but even if he wasn't and was at least 55 and was retiring the year of distribution there is also no penalty. Sent from the all new AOL app for iOS...
[TSPStrategy] Age Based Withdrawal

[TSPStrategy] Age Based Withdrawal

Hello,I am eligible for an age-based withdrawal.I plan on taking out about $60k in the next few days.1.  Which balance do they take it from? From the balance that you had when you entered the request or from the balance you have when they finally process the withdrawal?2. I heard that for age-based...
Re: [TSPStrategy] Off Topic: Dental Insurance in Retirement

Re: [TSPStrategy] Off Topic: Dental Insurance in Retirement

Ken is right. _._,_._,_ Groups.io Links: You receive all messages sent to this group. View/Reply Online (#2863) | Reply To Group | Reply To Sender | Mute This Topic | New Topic Your Subscription | Contact Group Owner | Unsubscribe [prefander.leadersworkshop@blogger.com] _._,_._,_...
Re: [TSPStrategy] TSP loan

Re: [TSPStrategy] TSP loan

Yes you can Damian. Put the max dollar amount instead of a percentage to be placed in the TSP, divided by the number of pay periods in 2022. You also just have to request the payroll deduction at the right time. It'll be at some point in December. I haven't...
Re: [TSPStrategy] Off Topic: Dental Insurance in Retirement

Re: [TSPStrategy] Off Topic: Dental Insurance in Retirement

Bill- We aren't getting any financial help from the G on the FEP BLUE Dental, only BC/BS medical or whatever your FEHB is.   -----Original Message----- From: MD2018 via groups.io <rlkane.wc=verizon.net@groups.io> To: TSPStrategy@groups.io Sent: Mon, Nov 22, 2021 6:47 pm Subject:...
_._,_._,_

Groups.io Links:

You receive all messages sent to this group.

View/Reply Online (#2861) | Reply To Group | Reply To Sender | Mute This Topic | New Topic
Your Subscription | Contact Group Owner | Unsubscribe [prefander.leadersworkshop@blogger.com]

_._,_._,_
Re: [TSPStrategy] TSP loan

Re: [TSPStrategy] TSP loan

Yes - both would be a taxable event if all the funds were traditional.  As others have mentioned, if would be more advantageous to take the distribution in a year with less taxable income/lower taxable rate.I think I was worried that he might get hit with the 10% early distribution if the loan...
Re: [TSPStrategy] Off Topic: Dental Insurance in Retirement

Re: [TSPStrategy] Off Topic: Dental Insurance in Retirement

Hmm, I don't think is subsidized as an employee either. I know my rates did not change when I retired but I pay monthly now instead of biweekly. GEHA Dental +1 standard plan for 2022 is about $46 per month. My Blue Vision +1 plan is about $15 per month, no change from being an employee. RichardOn...
[TSPStrategy] Off Topic: Dental Insurance in Retirement

[TSPStrategy] Off Topic: Dental Insurance in Retirement

I subscribe to a Federal Retiree Newsletter. There was a article concerning the fact that in retirement there is no government contribution for dental insurance- that the retiree pays the whole cost. I looked at my leave and earnings statement and see that I'm paying about $25 per pay period for Dental,...
Re: [TSPStrategy] TSP loan

Re: [TSPStrategy] TSP loan

I thought that if you took an existing TSP loan into retirement, you had 90 days to pay it back or it becomes a taxable distribution.On Nov 21, 2021, at 12:37 PM, Damian Cotto via groups.io <damian.cotto=yahoo.com@groups.io> wrote:96 Thank you both. I've been trying figure out how to invest...
Re: [TSPStrategy] TSP loan

Re: [TSPStrategy] TSP loan

Thank you both. I've been trying figure out how to invest more than the maximum amount in TSP. Respectfully, Damian CottoOn Sunday, November 21, 2021, 13:23, Mike VanAmburgh <mjv325@gmail.com> wrote:Not sure if I understand the question but you can do a total of $20,500 for 2022...
Re: [TSPStrategy] TSP loan

Re: [TSPStrategy] TSP loan

Not sure if I understand the question but you can do a total of $20,500 for 2022 combined for Roth and Traditional. If you're already maxing TSP, you can do a separate Roth IRA with companies such as Vanguard for another $6000 per year. I moved my Roth IRA from USAA to Vanguard before USAA farmed us...
Re: [TSPStrategy] TSP loan

Re: [TSPStrategy] TSP loan

Just put the max in your roth and the matching will go into traditional Get Outlook for Android From: TSPStrategy@groups.io <TSPStrategy@groups.io> on behalf of Damian Cotto via groups.io <damian.cotto=yahoo.com@groups.io> Sent: Sunday, November 21, 2021 12:03:53 PM To: TSPStrategy@groups.io...
Re: [TSPStrategy] TSP loan

Re: [TSPStrategy] TSP loan

Just tossing a question out here but I have 20 years of work to go still and I am investing 10% into TSP 60% C and 40% S. How can I maximize my Roth contribution without being penalized for going over the annual limit and still max TSP? Is this possible? Respectfully, Damian CottoOn Sunday,...
Re: [TSPStrategy] TSP loan

Re: [TSPStrategy] TSP loan

ThanksOn Sun, Nov 21, 2021, 12:25 PM danesifamily via groups.io <danesifamily=verizon.net@groups.io> wrote:Any distribution is a taxable event.  You can do three things.   Pay it off. No distribution.  Or you don't pay what you owe and it's a distribution with the question of the...
Re: [TSPStrategy] TSP loan

Re: [TSPStrategy] TSP loan

Any distribution is a taxable event.  You can do three things.   Pay it off. No distribution.  Or you don’t pay what you owe and it’s a distribution with the question of the date. Which is going to be either your separation date or the date you fail to pay it back.  Once you are...
Re: [TSPStrategy] TSP loan

Re: [TSPStrategy] TSP loan

[Edited Message Follows] It is unclear to me when the TSP would declare the distribution.  1) when the loan was taken out; 2) when the declaration to not repay the loan and/or when you leave federal service; OR 3) when you respond to the notice from the TSP.     IMO, I'd call TSP...
Re: [TSPStrategy] TSP loan

Re: [TSPStrategy] TSP loan

[Edited Message Follows] It is unclear to me when the TSP would declare the distribution.  1) when the loan was taken out; 2) when the declaration to not repay the loan and/or when you leave federal service; OR 3) when you respond to the notice from the TSP.     IMO, I'd call TSP...
Re: [TSPStrategy] TSP loan

Re: [TSPStrategy] TSP loan

It is unclear to me when the TSP would declare the distribution.  1) when the loan was taken out; 2) when the declaration to not repay the loan and/or when you leave federal service; OR 3) when you respond to the notice from the TSP.     IMO, I'd call TSP for clarification.  You...
Re: [TSPStrategy] 5 Funds performance since the beginning

Re: [TSPStrategy] 5 Funds performance since the beginning

I tell all the new hires in my office to put all their TSP money in the S fund, then close their eyes and never look at it.  Had I done that, I'd have 30% more in the TSP right now.  BTW, I was hired in 1999 and rode out the 2000, 2008, and 2020 dips by just staying put and buying C &...
Re: [TSPStrategy] TSP loan

Re: [TSPStrategy] TSP loan

Ok. Thank you. On Thu, Nov 18, 2021, 5:22 PM danesifamily via groups.io <danesifamily=verizon.net@groups.io> wrote:As long as you are over 55 you don't pay the 10% in the year you retire with regard to withdrawals which this would be.  But as to the year that's a good question to ask...
Re: [TSPStrategy] TSP loan

Re: [TSPStrategy] TSP loan

As long as you are over 55 you don't pay the 10% in the year you retire with regard to withdrawals which this would be. But as to the year that's a good question to ask them. Might be better to have that distribution next year when you might have less income. So maybe wait until January. But it might...
Re: [TSPStrategy] S Fund

Re: [TSPStrategy] S Fund

First, this post is not directed at any individual or intended to confront, challenge, or start an argument with anyone.  It's just my observation after reading recent postings.Sara is not giving investment advice to individuals.  She is, however, graciously sharing her knowledge, insights,...
Re: [TSPStrategy] S Fund

Re: [TSPStrategy] S Fund

I closely follow my retirement monies, as it is _my_ retirement money that I am responsible for plus the govt kicks in a few % for free!takes a few minutes every day.I make graphs as it gives me a picture of what things are going on, although the black Swan of Covid was unexpected, the recovery...
Re: [TSPStrategy] Top 3 Funds performance last 1 years since the beginning with Linear regression lines

Re: [TSPStrategy] Top 3 Funds performance last 1 years since the beginning with Linear regression lines

img alt="Inline image" class="yahoo-inline-image yahoo-loading" data-id="" data-inlineimagemanipulating="true" draggable="false" src="cid:bc99cbe4-313d-a455-71dd-ef1a092cad46@yahoo.com" style="max-width: 800px;" title="Inline image"> ...
[TSPStrategy] Top 3 Funds performance last 5 years since the beginning with Linear regeression lines

[TSPStrategy] Top 3 Funds performance last 5 years since the beginning with Linear regeression lines

img alt="Inline image" class="yahoo-inline-image yahoo-loading" data-id="" data-inlineimagemanipulating="true" draggable="false" src="cid:bd1cab73-17e5-a89a-1796-19afdeb4331c@yahoo.com" style="max-width: 800px;" title="Inline image"> ...
Re: [TSPStrategy] 5 Funds performance last 10 years since the beginning

Re: [TSPStrategy] 5 Funds performance last 10 years since the beginning

img alt="Inline image" class="yahoo-inline-image" data-id="" data-inlineimagemanipulating="true" draggable="false" src="cid:b8fe091b-5155-f260-6b5b-cec1b2e77dc9@yahoo.com" style="max-width: 800px; width: 100%;" title="Inline image">Note:G & F funds essentially flat for 10 yearsI Fund...
Home