Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Kaslin
No, no-- they don’t offer a tax write off, but you get the same return as the Thrift Savings Plan's Government Securities Investment Fund, which in 2013 paid 2%.

Yepper, and when you make a TSP withdrawal, they automatically withhold the maximum amount so you have to wait until you file to recoup the excess they kept back. I just retired and am in the process of moving my TSP to a vehicle that pays a guaranteed minimum 6% and which also protects the principle 100%. It will also allow me to manage my taxes so I owe them a little bit at the end of the year - no way I want to have them owing me for anything.

4 posted on 01/26/2015 4:53:16 AM PST by trebb (Where in the the hell has my country gone?)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: trebb

I am about to retire and very interested in something that would pay 6%. Annuity? If you are willing would you message me the name of the product to which you are referencing? I would be much obliged. :-)


18 posted on 01/26/2015 6:19:57 AM PST by plain talk
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson