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While there is a lot of interest in those who are self-made Thrift Savings Plan millionaires, the fact is most investors will never hit seven-figure status.
The most recent paychecks for some federal employees are incorrect, potentially by hundreds of dollars, due to a processing error by the National Finance Center.
In today's Federal Newscast, the Congressional Budget Office found federal employees are contributing and saving more for retirement, due to two Thrift Savings Plan policy changes.
But the one way to anger many feds is to tell them or remark that they are lucky to have such a good pension — then stand back.
Have you had the long term care insurance talk with your spouse or significant other, or your kids? How about with yourself, can you handle a reality check?
Thanks to the booming stock market the number of federal-postal workers with $1 million or more Thrift Savings Plan accounts jumped to 49,620 at the end of 2019.
The Census Bureau pays enumerators less so for the work than for where they do the work.
Many people decided to ride out the Great Recession so they could miss the downside and return to the TSP's C, S and I stock funds when things got better. Eleven years later, some still haven’t returned.
The Office of Personnel Management is currently drafting regulations needed to implement the Federal Employee Paid Leave Act. Members of the public will have a chance to comment on those regulations, due sometime in late spring.
For many January is a hope-springs-eternal transition time. But there are things members of the federal family can, and should, be doing that will save money.
Just like the year before, December saw a drop in the number of federal retirement claims received by the Office of Personnel Management compared to the previous month.
A group of Senate Democrats, led by Minority Leader Chuck Schumer (D-N.Y.), has introduced a bill that would ensure all federal employees, including those at the Federal Aviation Administration, Transportation Security Administration and non-judicial workers at the District of Columbia courts, have access to new paid parental leave benefits.
While your income will likely go down in retirement, moving to a more tax-friendly state could increase the cash value of your annuity.
Mike Causey asked Abraham Grungold, a 34-year civil servant, why so many TSP investors have account balances that are so relatively small?