TSP Catch Up Contributions: Pros and Cons for Federal Employees in 2026

Key Takeaways:

TSP catch-up contributions offer federal employees age 50 and older the option to boost retirement savings within IRS annual limits.
Evaluating the advantages and potential drawbacks of catch-up contributions helps federal employe…

Medicare Coordination Mistakes Federal Retirees Make and How FEHB Rules Apply

Key Takeaways:

Misunderstanding the coordination between FEHB and Medicare can lead to coverage gaps and higher out-of-pocket costs for federal retirees.
Reviewing official plan documents and understanding enrollment timelines are essential to m…

TSP Early Withdrawal Penalties: Rules, Exceptions, and Tax Implications

Key Takeaways:

Withdrawing from your TSP account before age 59½ typically triggers a 10% early withdrawal penalty and ordinary income taxes, though specific exceptions may apply.
Early withdrawals can reduce your long-term retirement savings, m…