The ten biggest errors federal employees make, pt. 3

Friday - 6/25/2010, 10:31am EDT

Ed Zurndorfer, registered employee benefit consultant

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What are the biggest mistakes federal employees make throughout their careers? Registered Employee Benefit Consultant Ed Zurndorfer has come up with a Top 10 list. We've been talking about this list over the last few weeks. He joins us today to discuss two more:

    Mistake #5: Failure to contribute as much as possible to the Thrift Savings Plan (TSP) and starting during the earlier years of an employee's federal service.

    Mistake #6: Failure to consider the TSP as a "long-term" investment plan and properly investing as such in the TSP funds.