CCM INSIGHTS
A Newsletter by Compass Capital
Management
UPCOMING CORNHOLE TOURNMENT
Registration is officially OPEN!
We’re excited to announce the 2026 Pat Layden Memorial Cornhole Tournament hosted by Compass Capital Management on April 25, 2026!
REGISTER HERE:
https://share.scoreholio.com/UbL8jL0qu0b
Grab your teammate, perfect your throw, and join us for a day of fun, friendly competition, and community impact all while supporting the Oklahoma Parkinson’s Alliance
Whether you’re a seasoned pro or just in it for the fun, this tournament is for YOU!
Secure your spot today — registration is now open!
Sponsorship opportunities are also available for businesses who want to get involved.
Let’s toss some bags for a great cause! For more information or to hear about our sponsorship opportunities, email maddie@compasscapitalmgt.com or call our office at (918) 423-3222
A LOOK INSIDE THIS ISSUE:
1.Upcoming Cornhole Tournament
2.HOW TO USE YOUR TSP ACCOUNT TO YOUR ADVANTAGE
We are doing a GIVEAWAY for one team registration fee!
Click Here to visit our Facebook Page and see how to enter!
HOW TO USE YOUR TSP ACCOUNT TO YOUR ADVANTAGE
BY: JIMMY J. WILLIAMS, CPA/PFS, CFP , CRPC ® ™
If you work with the federal government, you should be aware of the Thrift Savings Plan (TSP) which allows employees to save for their future The TSP is similar to a 401(k) plan for private entities Plan administration for each of these two types of plans is similar Employees defer a portion of their compensation each pay period, the employer contributes a matching amount and the employee selects where the money is to be invested The employee/participant of the plan has all the responsibility for their future needs by investing appropriately during their career.
The TSP is a very inexpensive plan for employees to invest their money. The plan provides the opportunity to pick your own types of investment options that represent certain types of stocks or bonds For example, you may elect to invest in the C Fund, S Fund, G Fund, I Fund or F Fund Unless you are a participant in the TSP these fund names may not make sense to you To explain, the C Fund is a proxy mutual fund that attempts to replicate a Common Stock Index The goal of this fund is to match the performance of the S & P 500 Index Likewise, the other funds listed proxy their respective indexes or invest in short-term government bonds such as the G Fund.
Another style of investing allowed by the TSP is Lifecycle Funds. Think of these funds like Target-Date Funds to provide you with an allocation of the mutual funds mentioned above in order to reach your desired retirement date For example, the L 2045 Fund will invest your payroll deferrals in a manner to allow you to reach your goal for retiring in 2045 Typically, the Lifecycle Funds start with the year 2030 and end in 2075 with five-year increments between the beginning year and ending year (i e , 2030, 2035, 2040, etc )
The fund offerings within the TSP are some of the lowest expense ratio funds in the marketplace. This makes these funds very suitable for individuals who wish to save for their future
One of the challenges for the TSP is the distribution phase of retirement Typically, the plan does not offer individualized advice with local advisors that specialize in comprehensive planning for your family Most often the TSP will desire to hold your funds during retirement but does not perform as well by providing you with someone, in person, who specializes in the needs of families.
To facilitate greater control of your future, it is often better for a TSP participant to perform a tax-free rollover to an Individual Retirement Account (IRA) This is the option that provides you with greater diversification of investment choices, more control over your account and opportunities to plan for cash flow needs by working with a CERTIFIED FINANCIAL PLANNER® professional who truly knows your family’s needs, desires, and risk tolerance
UThink about the impact on your family should the unexpected occur As an unplanned event, would your family members know who to call? Would they receive the personalized support your family deserves during times of life disruption? It is critical that you set your family up for success by making good decisions during accumulation of your retirement and even more so when you are in the distribution phase of life. If you would like a second opinion of your TSP Account and how you may seek additional opportunities to support your family, contact a
CERTIFIED FINANCIAL PLANNER® professional for a complimentary consultation. See you on the pickleball court!
REGISTEREDPRINCIPALSECURITIESOFFEREDTHROUGHCAMBRIDGEINVESTMENTRESEARCH,INC,ABROKER/DEALER,MEMBER FINRA/SIPCJIMMYJWILLIAMSISANINVESTMENTADVISORREPRESENTATIVEOFCOMPASSCAPITALMANAGEMENTLLC,A REGISTEREDINVESTMENTADVISORCAMBRIDGEANDCOMPASSCAPITALMANAGEMENTLLCARENOTAFFILIATED215ECHOCTAW SUITE101,MCALESTER,OK74501CAMBRIDGEDOESNOTOFFERLEGALANDTAXADVICEPLEASECONSULTYOURLEGALANDTAX ADVISORFORSPECIFICESTATEANDINCOMETAXPLANNINGSTRATEGIES THEINFORMATIONINTHISARTICLEISFOREDUCATIONALPURPOSESONLYANDISNOTINTENDEDTOBETAXADVICEFURTHER,YOU SHOULDNOTRELYONTHISINFORMATIONTOMAKEINVESTMENTDECISIONS