TSP
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When they leave government, either for other jobs or to retire, more than half of all TSP investors take some, most take all, of their money with them. How come?
December 22, 2020 -
When you retire, do you stick with the TSP (and its low-fees and multiple-oversight) or move into another tax-deferred investment option? That’s an important question because so many feds typically retire in December and January.
December 15, 2020 -
Most federal employees love their current health and retirement benefits, but generational differences of opinion may offer some telling signs about what interests the workforce of the future.
November 30, 2020 -
The Thrift Savings Plan awarded its highly-anticipated recordkeeping services acquisition (RKSA) to Accenture Federal Services. The procurement will help the TSP provide a variety of new services to participants, including a mutual fund window and electronic signature capabilities.
November 16, 2020 -
Senate Republicans released the drafts of 12 appropriations bills Tuesday morning. One of the bills includes a federal pay freeze for civilian employees, senior executives and political appointees in 2021.
November 10, 2020 -
If you knew for sure whether President Trump or former Vice President Joe Biden would be elected -- how would that knowledge change your investment strategy?
October 28, 2020 -
More than 55,000 active and retired federal and postal workers have a million dollars, or more, in their Thrift Savings Plan accounts. What’s their secret?
October 15, 2020 -
Membership in the exclusive federal Thrift Savings Plan millionaire club continues to grow as long-time federal and military investors continue to buy stocks, even when the market hits a rough patch. There were 55,183 current…
October 08, 2020 -
At least 9,000 fewer federal employees have retired this year since the start of the pandemic compared to the same six-month period in 2019. Federal financial planners say the pandemic is partly to blame.
October 05, 2020 -
Every year thousands of federal workers turn down an extra 1%-4% or more contribution from the government to their TSP account because they can't afford it.
September 22, 2020 -
The Thrift Savings Plan will start quietly nudging new participants to contribute more of their income toward their retirements -- by doing it for them.
September 21, 2020 -
Some savvy investors say the President has a major impact on the economy and the stock market. Others say events -- not whoever is elected POTUS in November -- will determine whether your Thrift Savings Plan languishes or takes off like a rocket over the next four years.
September 16, 2020 -
The board that oversees the Thrift Savings Plan will have a few new members in the coming weeks and months. They'll eventually pick up the debate over the international fund -- and whether to throw China in the mix.
September 14, 2020 -
Best listening experience is on Chrome, Firefox or Safari. Subscribe to Federal Drive’s daily audio interviews on Apple Podcasts or PodcastOne. The high satisfaction rates among participants in the Federal Retirement Thrift Savings Plan got reaffirmed recently. Nearly…
September 10, 2020 -
Mike Causey asked long-time fed and financial coach Abraham Grungold to check out the 2020 situation, who listed some things which workers under the Federal Employees Retirement System retiring in 2020 should seriously consider.
September 02, 2020