The TSP Mistake That Costs Federal Employees Thousands

Are you accidentally leaving free money on the table in your Thrift Savings Plan? For federal employees under FERS, your 5 percent TSP match is one of the most valuable retirement benefits you have. But every year, federal employees miss out on thousands of dollars simply because they structure their contributions incorrectly.

In this episode, Andrew McNair breaks down:

• How the FERS TSP match really works

• The biggest mistake federal employees make when maxing out contributions

• Why maxing out too early can cost you part of your match

• How to calculate the correct per-pay-period contribution

• What to do if you're retiring mid-year

• Dollar amount vs percentage contributions — which is better?

• The 20 percent household savings rule that changes retirement outcomes

If you are approaching retirement or already planning your FERS exit, this episode could protect tens of thousands of dollars in lifetime retirement income. Your agency match is not a bonus. It is part of your compensation. And missing it is like skipping a paycheck. If you want a personalized federal benefits report that shows:

• Your pension estimate

• Survivor election impact

• TSP optimization

• Tax planning strategy

• Retirement income distribution modeling

Click the link in the show notes to schedule a Discovery Visit with our team.

If you’d like help reviewing your TSP allocation or creating a personalized federal retirement strategy, schedule your complimentary visit today: https://calendly.com/swancapital_/nocostconsultation

To receive a customized Federal Retirement Report, call 1-800-848-8768 or visit swan-capital.com.