The term “fiduciary” is used a lot these days. Do you understand how the different types of fiduciaries effect your TSP? In this video we touch on basic concepts you should know about who is responsible to you for your Thrift Savings Plan.
Welcome to Financial Planning 4 Feds. We are dedicated to educating federal employees on how to maximize value from their government benefits by developing and executing a financial plan.
In this episode we will go over:
– The levels of fiduciaries on your Thrift Savings Plan
– Why is the term fiduciary important?
– Are the people managing your TSP fiduciaries?
0:00 Intro
0:49 Who is the fiduciary for the TSP?
1:18 Fiduciary for you and your family
1:34 Factors in choosing a fiduciary
2:31 The value of a CERTIFIED FINANCIAL PLANNER™ Professional
3:30 Knowing the Thrift Savings Plan
4:08 Regulations on TSP accounts
4:53 Do you consider the people managing your TSP a fiduciary?
CERTIFIED FINANCIAL PLANNER™ Resources
CFP website:
Why choose a CFP® professional:
Federal employees and their spouses are invited to complimentary educational workshops covering their federal benefits. For details, visit:
Federal Benefit Resources:
Would you like to know more?
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Do you plan to cover topics for retired Federal Employees?
Can you explain why the TSP doesn't pay dividends, I was told that dividends are factored in to the funds but I don't think that's true, I make less than $50,000. If my dividends are not being reinvested then I should just contribute to my vanguard ROTH IRA. What do you think, thank you.