Googles & Scarf

Articles by Financial Advisor, Matt Merrill

Saying goodbye to TSP

Given how high TSP rates have risen and how limited their services are, I have reluctantly made the choice to transfer my retirement funds to another custodian For years I participated in and recommended the Thrift Savings Plan (TSP) to those who were eligible to...

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How to extract tax exempt contributions from TSP penalty free

So there you were, in the stuff. Fighting Al Qaeda, the Taliban, or ISIS terrorists in some 120 degree sandbox. First, thank you for your service. When you got home, did you notice that some of your TSP contributions had an asterisk next to them and said “tax-exempt”?...

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Can you do a Roth conversion inside of TSP?

No. That’s it, that’s the article. No, you can not do a Roth conversion inside of the Thrift Savings Program. Surprised? Me neither. After all, TSP didn’t have a Roth option until 2013 even though Roth IRAs were created way back in 1997. We all know the government is...

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Thrift Savings Plan (TSP) fees more than double

Do you remember when TSP fees were incredibly cheap? For the low, low price of 0.028% you could invest in a fund that tracked the S&P 500. With costs that low it made it easier to put up with the bad website, lack of investment choices, and slow customer service....

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Did Thrift Savings Plan (TSP) lose your beneficiary name?

In 2022, the Thrift Savings Plan (TSP) lost hundreds of thousands of beneficiary names In 2022, the Thrift Savings Plan transitioned to a new record keeper system and website. The changeover was so bad it is under investigation from the Government Accountability...

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Matt Merrill is a Financial Advisor with Bright Road Wealth Management, a long-time investor, licensed Texas realtor, and former United States Marine Corps F-18 pilot. His focus is helping military families with investing and financial planning.

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