Fill Form 4797 Notifications 2022-2023

Instructions and Help about Fill Form 4797 Notifications

How's it going everyone my name is derek ifasi owner of the classic Financial Group today's topic I want to discuss with you Thrift Savings Plan in particular I want to discuss with girls with their savings plans and some of the risks that are involved with the diversity deployment Charles and how to essentially avoid those risks making sure that you're leveraging those dollars the correct way that's specific to your you know retirement situation your specific goals so when somebody has a drift savings plan set up this is mainly set up through a federal your child some sort of federal governmental employee and that's through a federal governmental agency so what was happening was every single year his individual would go work for this agency they would be offered a savings plan someone who you might see at home is like a TSP at L think of this kind of like a bucket of money so what happened when individuals would go and place dollars from their salad replace certain portions of their of their income every year and place it aside to this thrift savings plan to this retirement type bucket so it didn't matter how much money was placed into that bucket what mattered was what was the amount of money please dad what was any sort of matching contributions that were also placed in and then most importantly what was the percentage rate that came back if you go and you place money into to any sort of retirement account or any account you have certain negatives that occur certain downward market loss benicar certain negatives to that portfolio obviously that buckets going to be smaller at the end of the day at the end of the year so with these TSP plans you...