TSP investors urged to convert stock fund gains into gold and silver as market hits record highs
By
Federal News Network Staff
Toasted golden, schmeared with insight. Top of the rack.
Summary
The article discusses how federal employees with Thrift Savings Plan (TSP) accounts, particularly those invested in C and S Funds, have seen significant gains as the S&P 500 hits new all-time highs above 7,200. It warns that paper profits are not secure until locked in, and presents a strategy for converting TSP gains into physical gold and silver as a way to protect wealth from market downturns and inflation. The piece targets federal employees over 59½ and retirees who can make penalty-free withdrawals, positioning precious metals as a hedge against both stock market volatility and the low-yield G Fund.
Key quotes
· 3 pulledPaper profits aren't real until you lock them in.
Right now, the C and S funds are doing great because they're tied to the stock market, which is hitting new highs.
Federal employees over the age of 59½ and retirees don't have to choose between the risks of the C Fund and the inflation trap of the G Fund.
You might also wanna read
Fidelity analysis outlines 5 key financial questions for early retirees navigating the gap between last paycheck and full benefits
Fidelity Investments' analysis highlights the financial challenges faced by early retirees who leave their careers in their late 50s or earl
bit.ly·11h ago
Roth IRA owners face unexpected tax complication with new Saver's Match benefit arriving in 2027
The Saver's Match, a new federal retirement benefit created under the SECURE 2.0 Act of 2022, will replace the existing Saver's Credit start
bit.ly·11h ago
Dave Ramsey and IRS warn of hidden risks and tax pitfalls in 401(k) loans
Personal finance expert Dave Ramsey and the IRS are warning Americans about the risks of borrowing from their 401(k) retirement accounts. Wh
bit.ly·14h ago
Building $12,500 Monthly Dividend Income From a $2.8 Million Portfolio at 5.4% Yield
This article discusses how to generate $12,500 per month ($150,000 annually) in dividend income from a $2.8 million portfolio, targeting a b
briefly.co·17h ago
Roth IRA owners may need a second retirement account to claim the new Saver's Match
The Saver's Match program, launching in 2027, is designed to help low- to moderate-income retirement savers by providing a government match
cnb.cx·2d agoRoth IRA owners may need a second retirement account to claim the new Saver's Match
The Saver's Match program, launching in 2027, is designed to help low- to moderate-income retirement savers by providing a government match
cnb.cx·2d ago