Browsing: Investing

Q. Many years ago I withdrew money from a previous employers retirement system (not federal) and rolled over to a private mutual fund company, where the fund was put into a 403(b) and tagged with a USDA title. It is not an account associated with USDA, but since I was starting work with USDA at the time somehow that label got assigned to the account. I want to roll over these funds from the current private mutual fund company to another private mutual fund company. The first company said I can’t do it until a live qualifying event happens, but…

Q. I’m a career fed with young adult daughters who took advantage of myRA accounts. With myRA accounts closing out, I wish they could move their money to a TSP Roth, but they didn’t follow in dad’s (Fed) footsteps.  Could you provide some guidance on where to find low-cost L Fund equivalents?  For extra credit: Roth accounts also work as secondary emergency funding accounts for them as young adults.  That flexibility provides a opportunity to put more funds into retirement accounts than might otherwise be comfortable. Both are currently eligible for retirement savings tax credits. Options that maintain that flexibility…

Q. I am nearing retirement and keep hearing that the G Fund is not a good choice as it does not even keep up with inflation. I have seen the charts on TSP.gov where they compare all the funds from inception vs. inflation, and they all outpace inflation, even the G Fund. To determine if what I am hearing is true, I am interested in seeing the G Fund vs. inflation comparison for less than the time since inception; for example, since 2000 or since 2010 up to now, as I think that is more relevant than since 1987. When…

Q. I plan on working in federal service for roughly 22 more years. I contribute enough to the TSP to max out the matching contribution. I read somewhere that it would be a good idea to direct the rest of my savings to an outside Roth IRA with a company like Vanguard so that I have more investment choices for my after-tax dollars. Good idea?

Q. I’m a 44-year-old federal employee with 20 years of service and hopes of retirement at age 62. This means 17 more years of TSP contribution and growth opportunity. I’ve been using the “How much will my savings grow?” calculator for several years now and I attempt to capture a best, medium and worst-case scenario when it comes to the percentages of expected annual rate of return and expected annual pay increase. From a financial advisor perspective, what would you consider a safe range of annual rate of return for TSP growth?

Q. I am 38 years old with nine years of federal service and approximately $100,000 in my TSP. I am considering leaving the federal government within the next year and I am not exactly clear on what my options are. I understand that I can either leave the money in the TSP or withdraw it, but my wife and I intend to move back home to southeast Virginia. I have been considering taking approximately $20,000 and putting it toward a down payment on a house and putting the balance in a Vanguard IRA. I don’t know if this is this…

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