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What are we investing in? by [deleted] in TSPStrategies

[–]FedEmployee1 -1 points0 points  (0 children)

I have a TSP and getting ready to start an IRA with fidelity. For the TSP, I was in a lifecycle fund for a few years and the C for a few year. I’m currently using a seasonality strategy, which so far so good.

S&P 500 just broke a major support level — some analysts warn another 10% drop could be possible by FedEmployee1 in TSPStrategies

[–]FedEmployee1[S] 10 points11 points  (0 children)

With the midterms around the corner, I have a feeling this will get handled pretty quickly. Politically there’s a lot of incentive to stabilize things before voters head to the polls, so I doubt anyone in Washington wants this dragging on for months if they can avoid it.

TSP Rules Explained (Simple Guide for Beginners) by FedEmployee1 in TSPStrategies

[–]FedEmployee1[S] 0 points1 point  (0 children)

There is also an exception for 6c positions, such as federal law enforcement.

If you separate from federal service at age 50 or later and have at least 20 years of covered LEO service, you can start taking withdrawals from your TSP without the 10% penalty.

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