Talk of The Villages Florida - View Single Post - Anyone familiar with Thrift Savings Plan?
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Old 12-29-2024, 02:19 PM
DAVES DAVES is offline
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Originally Posted by retiredguy123 View Post
When I retired, the first thing I did was to transfer my entire TSP account into my traditional IRA. I didn't want Congress to have any control of my money. By the way, they have used the TSP as a way to borrow and spend more money.
Truth I don't know what a TSP account is. Apparently from a government job. I live in the REAL WORLD. Government accounting-huh. We had no choice but to pay a TAX called social security. We had no choice but to let government hold OUR MONEY. What did they do with OUR MONEY that we gave them to hold for us? THEY SPENT IT. Imagine we pay TAXES to a BUSINESS the United States that owes 37 TRILLION DOLLARS.

iNVESTMENTS-both parties have said we should be able to invest part of OUR Social Security into the stock market. We ALL should know from experience. Some would do better than others. VOTERS would scream the government should take from those that did well and give to those who did not.