Category: Thrift Savings Program

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No More Prohibition on Hardship Withdrawals

Pinnacle Personnel Services  |  Debbie Hatch If you’ve attended any of my classes, you’ve heard me talk about In-Service Withdrawals from the Thrift Savings Program.  These options allow you to remove some of your TSP while you’re still working.  We have an Age-Based at 59 ½ years old or older, and a Hardship Withdrawal which

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Finding Money for your Retirement Savings

Friday Financial Tidbit Pinnacle Personnel Services  |  Debbie Hatch How many times have you thought, “I can’t possibly afford to save for retirement”? It can definitely feel that way and is occasionally true.  Although, even as a single mom of two on a very limited budget, I committed to buying a $50 savings bond each

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TSP Concerns & More Changes

Pinnacle Personnel Services LLC  |  Debbie Hatch With so much being reported over the past couple of days, and wide-spread hysteria about TSP, I’d like to clarify a few things. First, THE CONCERNS. While I won’t name specific names, several “professional” reporting agencies and “experts” have shared this picture on their various sites.  It is

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Thrift Savings Program (TSP) Modernization Act Signed into Law

Pinnacle Personnel Services LLC  |  Debbie Hatch Great news!  This past Friday, President Trump signed into law the TSP Modernization Act. This law provides welcomed changes to the thrift savings program.  First introduced in the Senate back in April, the law does away with numerous restrictions and offers new withdrawal choices. To quote the Senate,

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Not Everyone Who Offers Help is There to Help

Pinnacle Personnel Services LLC  |  Debbie Hatch And so it continues. Warning  *  Warning  *  Warning  *  Warning  *  Warning When I tell you there are people out there taking advantage of federal employees, I’m telling you the truth. I’m glad to see the SEC cracking down on these people.  I’m sad this is what’s

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