Improvements to the TSP May Be Coming Soon!

Submitted by John Cooney on Jul 17, 2017

When I talk to people about the Thrift Savings Plan the most common complaint I usually hear is how difficult it can be to withdraw funds from your account.  Well, you may not believe it, but there is a bi-partisan effort underway in Congress to improve these rules and allow for greater withdrawal flexibility for TSP participants.  In April, Senate Bill 873, The Thrift Savings Plan Modernization Act was sponsored by Senators Portman and Carper, and at the end of June, a companion bill, HR 3031, was sponsored in the House of Representatives by Representatives Cummings, Meadows, and Norton. 

Thrift Savings Plan, retirement, military retirement, TSP

Congratulations, You Just Graduated From a Service Academy! Now, Start Planning for Retirement

Submitted by John Cooney on Jun 22, 2017

Congratulations, you just spent the past four years in one of the most challenging college environments that exist.  You were pushed to your physical, emotional, and intellectual limits and earned the right to be commissioned as an officer in the United States Military.  So now, while you are enjoying a little leave, on your way to your basic officer course, or already at your first assignment leading troops, you need to make sure you are planning for retirement.  Wait, what, retirement, but you just graduated?  Remember, you will never again get the chance to start planning for retirement

military retirement, USMA, USNA, USAFA, USCGA, graduation, Thrift Savings Plan, blended retirement system, IRA, Roth IRA, Class of 2017
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