Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

On Tue, Dec 24, 2024 at 09:44 AM, Thomas Wellock wrote: 2) Depending on the state you live in, liability protection of your retirement funds can be (not always) superior in the TSP. State?  I thought TSP funds or any 401K or 403B funds were protected from lawsuits and IRAs were not. ...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

We paused our yearly RMD until December as the C fund (S&P 500) was doing very nicely in 2024 and took lump withdrawal in December rather than April 2025 You can login and withdraw whatever you wish, and pay tax on that amount. I am somewhat concerned about laws being rewritten or plain "money...

[TSPStrategy] Biden to close federal agencies Jan. 9 for Carter day of mourning

https://www.govexec.com/management/2024/12/biden-declares-day-mourning-carter-will-close-federal-agencies/401900/Biden to close federal agencies Jan. 9 for Carter day of mourningThe White House unveiled an executive order Monday giving federal employees Jan. 9 off in recognition of the death of the...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

You can login to www.tsp.gov and change your withdraws including the amount of taxes withheld. -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#3853): https://groups.io/g/TSPStrategy/message/3853 Mute This Topic: https://groups.io/mt/110244904/5159521 Group...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

If you want to change your monthly withdraw amount, you have to stop/delete your existing w/d first.  Then it will let you start over and do a new w/d.  At that point, they let you choose between lifetime calculation amount or an amount you decide yourself.   Bruce   ...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

The average US male lives to about 85 years of age. The average US female lives to about 90 years of age.  If you're fortunate enough reach age 90, you should plan on enough income for at least another five years.  Life Expectancy Calculator: https://www.ssa.gov/oact/population/longevity.html...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

 Withdrawals calculated from life expectancy is the best way to ensure you have a lifetime of income. TSP does this for you automatically. You can still make changes to your investments during the year and grow your balance. Your withdrawals will be recalculated at the end of the year based...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

Same problem as me. Did you leave your TSP at C or G fund? TSP is only letting me withdraw amount base on their life time calculation. How would they now how long I'm gonna live?On Dec 30, 2024, at 12:52 PM, don@meares.us wrote:The only thing I don't like is the lack of flexibility of withdrawals....

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

The only thing I don't like is the lack of flexibility of withdrawals.  I retired in 2006 and have been withdrawing monthly for at least a decade.   My TSP balance is still higher than when I retired.  That's good. I started by asking for 1,000 a month.  TSP sends me around 770.00....

[TSPStrategy] Have a TSP Account? Know the Rules for Your Heirs

Thanks to being cited in a recent conversation, I have copied the article below about rules for TSP heirs.  It's a new site, to me, and lots of other TSP information there!Thanks  Davehttps://www.moaa.org/content/publications-and-media/news-articles/2024-news-articles/finance/have-a-tsp-account-know-the-rules-for-your-heirs/Have...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

Thank you for your comprehensive comments!On Mon, Dec 23, 2024 at 7:17 AM Thomas Wellock via groups.io <thomas.wellock=gmail.com@groups.io> wrote:Regarding the original question: the only thing the feds can do to your TSP is suspend payments to your G fund during a debt ceiling fight, but they...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

Thank you for the clarification! One of my coworkers widows is facing this right now.  _._,_._,_ Groups.io Links: You receive all messages sent to this group. View/Reply Online (#3845) | Reply to Group | Reply to Sender | Mute...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

Yes... _._,_._,_ Groups.io Links: You receive all messages sent to this group. View/Reply Online (#3844) | Reply to Group | Reply to Sender | Mute This Topic | New Topic Your Subscription | Contact Group Owner |...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

It isn't a contradiction, there are two different scenarios being discussed:(1) If a retired federal employee passes away and there is no spousal beneficiary, the children or next of kin would have 90 days to rollover the TSP to an inherited IRA. If not done in 90 days, the whole TSP would be taken...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

This should probably be moved  to another thread but: This article seems to contradict itself. In one sentence it states the kids have 90 days to transfer it to an inherited IRA, in another it says it cannot be rolled over. _._,_._,_ Groups.io Links: You receive all messages...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

Pretty sure if my account is up 50% in 2 years in the C fund, taxes are covered for the kids lol. Bh -------- Original message -------- From: "DAVESyl via groups.io" <DAVESyl=yahoo.com@groups.io> Date: 12/26/24 6:19 PM (GMT-06:00) To: TSPStrategy@groups.io Subject:...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

There are problems for non-spouse beneficiaries. Here is an explanation.https://www.moaa.org/content/publications-and-media/news-articles/2024-news-articles/finance/have-a-tsp-account-know-the-rules-for-your-heirs/On Thu, Dec 26, 2024, 7:19 PM DAVESyl via groups.io <DAVESyl=yahoo.com@groups.io>...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

On Tue, Dec 24, 2024 at 09:44 AM, Thomas Wellock wrote: the TSP is a terrible place to keep you money if the next in line are your kids--a large tax hit might have to be taken by them Why is it any different than other 403b or IRA accounts?  I thought they were all treated the same by the...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

The expenses for the index funds of the TSP, Vanguard, Fidelity, and Schwab are now so low that the minor differences can only be seen with a magnifying glass. And some differences in performance between funds are because of their different holdings (C is an S&P 500 fund, FZROX aims to be...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

[Edited Message Follows] Fidelity Zero Total Fund Index (FZROX) has been doing well for me without any fees at all. Up 34.51% over the past year, compared to 33.84% for the C fund.  Interesting that there's such a big difference in the return percentage for the past 12 months compared to 2024...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

Fidelity Zero Total Fund Index (FZROX) has been doing well for me without any fees at all. Up 34.51% over the past year, compared to 33.84% for the C fund.  Interesting that there's such a big difference in the return percentage for the past 12 months compared to 2024 YTD.  I guess the market...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

I currently invest heavily in both the Vanguard VOO (0.03% Exp ratio) and the Schwab SCHG (0.04% Exp ratio) both are lower than the C fund.  The VOO is the S&P500 for all intents and purposes.  SCHG is a little more aggressive and leaning toward largest of the S&P caps. ...

Re: [TSPStrategy] Is anybody worried about the new administration raiding our TSP accounts?

Great, in concept. So, which ETFs that you actually invested in this year are beating the 28% return of the TSP C Fund so far, and beat the 26% return last year as well? On Mon, Dec 23, 2024, 2:02 PM Chris Manning via groups.io <CLManning=gmail.com@groups.io> wrote: The fees in the...