Our team of federal employee benefits consultants, case managers and attorneys have extensively reviewed the federal government’s changes coming in the Thrift Savings Plan (TSP) Modernization Act and we’re excited to share what we’ve learned. Here is an overview of what we will cover:

• How many withdrawals can I make before separation?
• Am I limited on withdraws after separation?
• How will my TSP balance be paid out?
• Is it safe to keep a TSP balance post separation?
• Can I still invest in the Thrift Savings Plan?
• Technological updates to give you easier access.

If you have more questions, please contact our office at 877-226-2723….(read more)

LEARN MORE ABOUT: Thrift Savings Plans

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The TSP Modernization Act: Bringing Webinars to Your Fingertips

In this digital age, staying informed and up-to-date has never been easier. One of the latest advancements in technology is the webinar, a virtual seminar that allows individuals to attend presentations and workshops from the comfort of their own homes or offices. Webinars have been gaining popularity across various industries, and the TSP Modernization Act is one area where these online events are making a significant impact.

The Thrift Savings Plan (TSP) is a retirement savings and investment plan for federal employees and members of the military. The TSP Modernization Act, signed into law in 2017, brought about several changes to the TSP, including added flexibility in withdrawals. With these updates, federal employees and military personnel now have more options when it comes to accessing their TSP funds.

To ensure that employees fully understand the changes brought by the TSP Modernization Act, webinars have become an invaluable tool. These virtual presentations allow participants to learn about the updates and any potential effects on their retirement savings in a convenient and accessible manner.

First and foremost, webinars provide convenience. Gone are the days of having to physically attend a seminar at a specific location and time. With a webinar, all you need is an internet connection and a device such as a computer, laptop, or mobile phone. This means you can join the webinar from anywhere in the world, whether you’re at home, in the office, or even on vacation.

Webinars also offer flexibility. Unlike traditional seminars, which often have a rigid schedule, webinars can be recorded and made available for viewing at a later time. This is especially useful for individuals who may not be able to attend the live session due to conflicting schedules or time zone differences. Additionally, recorded webinars can be revisited multiple times, allowing participants to review and fully understand the subject matter at their own pace.

Another advantage of webinars is the ability to interact and ask questions. Many webinar platforms provide a chatbox or Q&A feature, enabling participants to engage with the presenter in real-time. This interactivity fosters a more engaging learning experience and allows individuals to clarify any doubts they may have. Furthermore, the question and answer portion of a webinar often covers a wide range of topics, benefiting all participants by addressing their potential concerns or curiosities.

Lastly, webinars often feature expert speakers who specialize in the subject matter at hand. This ensures that participants receive accurate and up-to-date information regarding the TSP Modernization Act. Expert presenters are typically well-versed in the topic and can provide valuable insights and guidance. Attending a webinar allows individuals to tap into this expertise without having to seek it out themselves, saving time and effort.

In conclusion, the TSP Modernization Act has brought about vital changes to the Thrift Savings Plan, and webinars are playing a crucial role in disseminating information about these updates. They provide a convenient, flexible, and interactive platform for federal employees and military personnel to learn about the changes and gain a comprehensive understanding of their retirement savings. With webinars, individuals can stay informed and make informed decisions about their financial future, all at the click of a button.