Friday, May 17, 2019

TSP Tax Deferred vs. Tax Exempt

Title: TSP Tax Deferred vs. Tax Exempt

Article Snip: "...Federal employees hired after July 31, 2010, have 3 percent of pay is deducted from every paycheck into the TSP account, and each government agency contributes 1 percent of pay. The agency also contributes 3 percent in Agency Matching Contributions. If hired before August 1, 2010, the TSP receives 1 percent equivalent pay contributions from the individual agency. His agency contributes up to 5 percent in matches..."

Reference: smallbusiness.chron.com
TSP

Wednesday, May 1, 2019

Retirement Bills to Receive Big Push From Industry Lobbyists

Title: Retirement Bills to Receive Big Push From Industry Lobbyists

Article Snip: "...The bills would provide U.S. workers with expanded opportunities to participate in employer-provided retirement plans while providing some administrative relief to employers and incentivizing them to offer more savings plan opportunities..."

Reference: 401kspecialistmag.com