A growing number of savvy feds are and have been rolling outside money into the TSP at an impressive and growing scale.
In today's Federal Newscast, the TSP is rolling out some new services for participants next summer.
A group of Senate Democrats says the Thrift Savings Plan should do more to give participants an opportunity to invest in funds by racially, ethnically and gender diverse asset managers. They're also seeking more information about the TSP's upcoming mutual fund window planned for next year.
The Federal Employees Retirement System (FERS) requires some-to-considerable thought and work from those who want to maximize their total retirement benefits.
When it comes to the smartest investors in the nation, which group of people or professions would you pick?
While the number of federal-military personnel participating in the federal 401k plan increased slightly between June and September, most account balances — at every level — were down slightly.
If your retirement nest egg is invested in the stock market you probably know that after a very long winning streak September was not too nice.
One of the big differences between government and the private sector is the field of labor relations. In industry, it is usually disgruntled workers who go out on strike.
What’s a TSP investor do? Plan ahead and don’t panic is what most of the pros say. But knowing what you should do during the next stock market crash and doing it are two very different things.
For somebody with a long retirement horizon ahead of them, deferring Social Security until age 70 could boost their benefit 68%. Tough call. But one worth considering very carefully.
Is it safe to put your retirement nest egg in the never-has-a-bad-day (or many good days) G fund? Or go for the stock index or L funds which go up and down but mostly up in recent years?
About 89% of participants said they're satisfied with the Thrift Savings Plan in 2021, a 2% bump over last year. The TSP attributes the slight increase to improved satisfaction among military members in the blended retirement system.
Do you suffer from pension envy? Many current and retired federal employees do!
When they leave government, either for other jobs or to retire, more than half of all TSP investors take some, or often all, of their money with them.
If they made a movie about a government janitor who legally became a millionaire, would you see it? Would you believe it?