Q. I had all my funds in the L Fund most closely related to my retiring date until this afternoon. After learning that my overall value dropped by $5,000, I got worried and moved everything to the G Fund. Then I spoke to a friend who explained to me the $5,000 loss was really only a decrease in value, and not real money. Now that I better understand I would like to move back to the L Fund. Will I be penalized or will my funds be significantly effected because i did this switch?
Q. I have been a federal employee for about a decade now and have seen my earning ebb back and forth. What would you recommend doing to preemptively guard earnings for the potential upcoming recession that is making headlines? Which fund is typically the safest?
Q. I recently googled, “What is a CG Fund?” I clicked on the first topic that came up, which had your short article about how you have attended a U.S. Postal Service retirement seminar not sponsored by the USPS. Your writing made me raise my eyebrows as I had attended a similar seminar two months ago, which at the end she also threw the “pitch” of the CG Fund and how it can double our TSP and will never lose the initial investment no matter what happens to the market. Is there any way that you may forward me any…
Q. I’m retired and I wanted to rollover a 403(b) from a previous employer to my TSP. The problem is that the 403(b) does not sent a completed TSP-60 with the check. This has happened twice. I receive a letter from the TSP that they will hold the check for 15 days before sending it back to the sender. I know that there is a certain amount of time for having a tax-free transfer but I’m tired of this BS from both companies. Should I just request a full withdrawal from the 403(b) and deal with the taxes?
Q. I have 22 years of federal employment and had $304,000 in my TSP fund. I have always kept 100 percent in the C Fund. With the terrible year of 2018, I have seen all my gains lost and gained throughout the year. Today, 12/10/2018, is yet another terrible day with the stocks falling again since the opening I bell this morning. Today, as of lunch time, my TSP funds have decreased to about $280,400. I am wondering if I should move my money to the G Fund until this tumultuous time is over?
Q. I am going to retire after 32 years of service under FERS. Do you have any knowledge about which company will be managing the annuity monies? I was told that it could be MetLife and wanted to look over their financials to see if I should put my TSP annuity with the same company or diversify with someone else.
Q. I am 74 years old and currently have TSP funds in the amount of $140,000 in the G Fund. Should I allocate about $30,000 or so in one of the riskier funds? I would like for my TSP to grow larger but am a little apprehensive about losing money if I move it. I didn’t start investing in the TSP until the last 15 years of government service. I only take out the RMD each year.
Q. The TSP L Funds are going to be more aggressive going forward and are also increasing the amount allocated to the I Fund. Does this change your recommendation to choose the L Fund closest to your life expectancy?
Q. I’m retiring soon at 60 years of age and 30 years. I have TSP savings of about $600,000 in the L2020. My monthly retirement annuity before taxes is estimated at $3,971, which includes $1,414 in the Social Security supplement. My mortgage is $260,000 and I am paying $1,889 a month with a balloon payment due in 2022 for $244,380. The interest rate is 4.99 percent (as is the APR) with total interest percentage (TIP) of 32.9 percent. I need advice on whether to withdraw $260,000 from my TSP and pay off the mortgage or leave it. I’ll need to…