120 - Plan Your TSP Saving Strategy

Description

Participants can begin a Personal Financial Plan with a step-by-step guide written by Debbie Mason, a CERTIFIED FINANCIAL PLANNER™ professional.

This course is self-paced and need not be taken all at one time. Completion time depends on previous knowledge and time spent viewing in-depth resources and writing a personal financial plan.

1 course

120 - Plan Your Savings Strategy with the New TSP

Customized for U.S.government employees and military members.

Plan how you will use the Thrift Saving Plan with other "tax smart" options to build your retirement savings. Use calculators within the course to compare original TSP and Roth TSP. Begin a financial plan with a step-by step guide written by Debbie Mason, a CERTIFIED FINANCIAL PLANNER professional.

Compare benefits of "tax smart" savings (e.g., original TSP, Roth TSP, Roth IRA).
Describe contribution limits for the TSP and IRAs.
Calculate tax savings for tax-deferred and Roth TSP contributions and withdrawals.
Calculate potential growth of TSP savings and contributions for tax-deferred and Roth.
Itemize expected sources of retirement income and estimate additional savings needed.
Compare withdrawals — tax-deferred and Roth TSP monthly payments (after taxes).
Plan a savings strategy with the new TSP.

Certified Financial Planner Board of Standards Inc. owns the certification mark above which it awards to individuals who successfully complete initial and ongoing certification requirements.

Buy Now ($75.00)