What do the numbers tell us about the size, length and scope of the long-overdue retirement tidal wave? Maybe something. Maybe not much.
One budget reconciliation proposal would create a brand new bank of paid leave, worth about $570 million, for federal employees to recover from COVID-19 and care for sick family members, or children who are learning virtually from home.
Most of the 75,420 (as of Dec. 30, 2020) feds with $1 million-plus Thrift Savings Plan accounts have three things in common. And you can join them.
House Armed Services Military Personnel Subcommittee Chairwoman Jackie Speier is focusing on issues close to service members and families.
This year’s new twist income tax nightmare comes courtesy of a global pandemic. Frustrated folks are dealing with outcomes of the CARES Act and how it impacts their 401k plan.
In January 2021, 13,850 federal employees retired, driving the retirement backlog up to 26,968, the highest it's been since April of 2013, when it sat at just above 30,000.
The golden years can be the best time of your life, but only if you are sure you have all your bases covered.
If you're even THINKING about retiring this year, or next, you have a lot to consider. And 2021/22 could be a tough time to decide.
The pandemic has made a hash out of many people's lives, bringing anxiety, health care, child care, even relationship stress. And that's especially true for military members.
So what are you doing for the next 10-20-30 years? Equally important, if you are a fed, is what will your Thrift Savings Plan be doing during that time?
The first returns of 2021, released by the TSP on Monday, showed all funds' performance either stagnated or declined since December.
JC Cardinale, Legislative Affairs manager at the National Guard Association of the United States, joined Federal Drive with Tom Temin for details.
The Army is focusing on data accuracy as it prepares to move the rest of its uniformed workforce into its centralized HR IT system, known as IPPS-A.
The Thrift Savings Plan had a banner year in 2020, all while participants withdrew nearly $3 billion from the plan due to the ongoing COVID-19 pandemic.