Thrift Savings Plan
Many employees we meet with have never understood each individual investment fund available to them through the TSP and are not able to make an informed decision of what is best for their risk tolerance and financial objectives now and in retirement.
An aspect we see and hear frequently is many Federal Employees with 30+ years of credible service and are eligible to retire say they have only been contributing to their TSP for the last 5 years because they didn’t know how to set their TSP contributions up.
Why is this? It was never explained to them and it is also difficult to find someone to take the time to give a comprehensive benefits review and answer all their questions in a way that is very simple to understand.
Importance of Our Webinars
Close to 90% of employees we meet with either through seminars or one-on-one consultations do not know how to read the codes on their pay-stub and among other things have no idea what their monthly income will be in retirement.
However, the main thing we do hear is that they believe they can retire at a specified date and time because of the letter they receive from OPM. You may be eligible to retire but will you have the financial means to actually enjoy your retirement? Employees with no retirement plan in place are planning to fail.
Your Benefits Specialist will leave your Federal Employee Benefits Workbook with you after the review with answers to all your questions and a plan for retirement.