September’s new Thrift Savings Plan withdrawal options should keep many more investors in the TSP in future. Here’s an FAQ on the changes.
Many long-time government workers and retirees are worth more dead than alive due to the variety of wealth they accumulate over a lifetime.
The Office of Personnel Management lacks a clear vision and a specific IT strategy to modernize its retirement claims process, the Government Accountability Office argued. OPM, however, attributes its challenges to a lack of funding, leadership and staffing challenges.
In today’s Federal Newscast, President Donald Trump signed an executive order last week directing federal agencies to cut at least one-third of all federal advisory committees.
With half the legislative year over and Democrats running the House while political eyes focus on 2020 races, the retirement plan looks safe for now.
Despite a decade of mostly good-to-excellent returns in the stock-indexed C, S and I funds, most of the money feds have invested in their in-house 401(k) plan is in the fund which typically had the lowest returns.
The Nuclear Regulatory Commission’s inspector general found a third of its inspectors will be eligible to retire in 2020.
The federal workforce is getting noticeably older — and more workers are delaying their retirement dates. But drawing conclusions from the moving target numbers is easier said than done.
In today’s Federal Newscast, an arbitrator finds the Veterans Affairs Department should take down a public record of employee firings and other punishments from its website.
New retirement claims data from the Office of Personnel Management shows a reversal of previous trends around how fast the agency is processing cases.
Despite the TSP’s money-saving low administrative fees many retirees want more investment options and also more freedom to get at their money.
When it comes to saving and investing for retirement, federal and military personnel are way ahead of their private sector counterparts.
The Federal Retirement Thrift Investment Board issued an RFP for two fund managers for its C, F, I and S funds for the Thrift Savings Plan.
If you feel totally confused on the subject of a 2020 federal pay raise, or inflation catch up for retirees, it doesn’t mean you haven’t been paying attention.