The Thrift Savings Plan millionaires club was going strong before the coronavirus pandemic. Now, it’s lost 45% of its members.
Not so long ago in what now looks like the good old days hundreds of Thrift Savings Plan account holders were hoping to be inducted into the Millionaires Club.
Some exposed employees got the virus in the line of duty. Now they’re suing for extra pay.
Most of the people Senior Correspondent Mike Causey knows who are teleworking are going a little stir-crazy, binge-watching junk on TV they wouldn’t even know existed otherwise.
Now that the shock of the stock market correction has settled in, federal retirement benefits specialist Tammy Flanagan said it imperative to calculate what your net retirement annuity income with be.
When in doubt, and in all things retirement, start with Tammy Flanagan. She’s been thinking and rethinking your career since the virus hit.
March has been a game-changer for billions of people. The pandemic has produced a variety of mid-life crises for just about every thinking person.
The Thrift Savings Plan is scheduled to implement a series of new lifecycle funds later this summer, if the coronavirus pandemic doesn’t derail the scheduled rollout.
How you can mitigate the sequence of returns risk from minimum required distributions
In the real world the real heroes, i.e. the people who will literally save our bacon right now, are mostly unknown, faceless bureaucrats.
If federal workers and retirees found themselves sleepwalking through the last 11 years of Wall Street’s bull market, retirement benefits specialist Tammy Flanagan, says the pandemic-driven stock-market volatility has been “a wake-up call.”
The virus-driven stock market crash has hammered the TSP accounts of hundreds of thousands of feds, many of whom had planned to retire this year.
Over the past 11 years just about everybody and his brother has predicted that the record-long bull market couldn’t last forever.
Federal News Network has heard from many federal employees this week, many of whom say they’re still coming into the office for work, even as state governors close schools, restaurants, bars and most other businesses due to the coronavirus pandemic.
Learn about everything from pay, benefits and retirement, to buyouts, COLAs and pay freezes. Call the show live Wednesdays from 10-11 a.m. at 202-465-3080 with your questions. Dial 605-562-0264 to listen live from any phone. Follow Mike on Twitter and send him an email with your questions and comments. Subscribe on Apple Podcasts or Podcast One.
|Apr 03, 2020||Close||Change||YTD*|
Closing price updated at approx 6pm ET each business day. More at tsp.gov
* YTD data is updated on the last day of the month.