Retirement
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Getting your money out of your Thrift Savings Plan account could get easier in the future. The Federal Retirement Thrift Investment Board approves the pursuit of changes to withdrawal options for TSP participants. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. She tells In Depth with Francis Rose why the TSP wants to make the change.
July 28, 2015 -
At its monthly meeting on Monday, the Federal Retirement Thrift Investment Board made two decisions that could have a big impact for federal employees participating in the Thrift Savings Plan.
July 28, 2015 -
Fewer than 70 percent of retirement claims are processed in less than 60 days at the Office of Personnel Management, and estimating just how much you'll get in retirement benefits can take a long time. Tammy Flanagan is the Senior Benefits Director for the National Institute of Transition Planning. She says it's smart to have an idea about what your benefits will look like long before leaving. She tells In Depth with Francis Rose about the eight most common reasons why your retirement estimate might be inaccurate.
July 24, 2015 -
Many private sector types claim they would lop off a key part of their anatomy to be in the Thrift Savings Plan, says Senior Correspondent Mike Causey.
July 24, 2015 -
Senate leaders agreed in principle to a six-year highway transportation fund bill that doesn’t try to raise money by changing the way the interest rate on the G-Fund is calculated. But Democrats stopped the bill from moving to a full vote because they wanted more time to read the entire bill.
July 21, 2015 -
Your federal office may resemble a nursing home, as some feds claim, but in the world of LEOs that special birthday means adieu, says Senior Correspondent Mike Causey.
July 15, 2015 -
John Grobe, president of Federal Career Experts, joins host Mike Causey to discuss retirement rules for law enforcement officers. July 15, 2015
July 14, 2015 -
The congressional stalemate over funding a long-term highway bill is reviving fears that lawmakers could raid the Thrift Savings Plan. House Republicans have proposed cutting the G Fund's interest rate to free up $32 billion over ten years.
July 14, 2015 -
Is your government job a calling, just a living or a joke? Federal News Radio Senior Correspondent Mike Causey says for many long suffering feds laughter truly is the best medicine.
July 13, 2015 -
A brand new law just signed by President Obama will give a lot of federal employees the ability to start drawing retirement funds from the Thrift Savings Plan much earlier than had been allowed in the past. It's called the Defending Public Safety Emploees Retirement Act and it applies to several federal positions that are already eligible for early retirement. Tammy Flanagan is the senior benefits director for the National Institute for Transition Planning. She tells In Depth guest host Jared Serbu how the law will work and what its impact will be.
July 10, 2015 -
The Office of Personnel Management made a slight improvement in its retirement processing in June after posting its worst numbers in a year last month.
July 06, 2015 -
Is your retirement plan a complex spreadsheet with time, taxes, TSP projections and other calculations? Or does it consist of a couple of coin- filled Mason jars behind the refrigerator or buried in the back yard? asks Senior Correspondent Mike Causey.
July 03, 2015 -
Most of the Thrift Savings Plan funds fell in June 2015, according to the latest statistics from the Federal Retirement Thrift Investment Board.
July 01, 2015 Jump-start your retirement income-building by listening to benefits expert Tammy Flanagan - this week's guest on Your Turn with host Mike Causey.
July 01, 2015-
Congress is working on two bills that impact the Thrift Savings Plan. But this time you don't need to worry about someone messing up a good thing. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. She tells In Depth with Francis Rose how both bills may affect you.
June 30, 2015