After several years of delays and controversy, the TSP’s I fund will transition to tracking a new, broadened benchmark index, but will exclude investments in China and Hong Kong.
In today's Federal Newscast: The size of the U.S. military has dropped nearly 3%. FEMA and CISA publish a first-ever guide for emergency managers to prepare for attack. And the number of TSP millionaires jumps to nearly 100,000.
For the third month in a row most Thrift Savings Plan funds posted negative returns, with the exception of the government securities investment G fund, which posted returns of 0.40%. That's up from its 0.35% in September.
The new TSP loan tracker should help answer questions from participants about the progress of their loan applications, and show them what’s still missing to reach the next step of the process.
In today's Federal Newscast: Thousands of non-feds would be eligible to join the Thrift Savings Plan under a new bill. Agencies must award at least 13% of all their prime contracts to Small Disadvantaged Businesses this fiscal year. And survivors of civilian federal employees killed in the line of duty are a step closer to receiving greater death benefits.
In today's Federal Newscast: TSP participants can now check on their loan applications at any time, as often as they would like. Dozens of companies are urging Congress to create a $1 billion hedge portfolio. And a new online tool should help streamline Freedom of Information Act requests.
For the first time since the program's launch in 2018, the number of BRS participants surpassed the number of participants in the military’s legacy retirement system.
A reduced cost-of-living adjustment, or “diet COLA,” for FERS retirees can create a much larger difference in retirement savings over time.
With the third quarter of 2023 wrapped up, TSP returns did not look quite as solid. To get a sense of what that means and what investors should consider, Federal Drive host Tom Temin got an update from certified financial planner Art Stein.
For the second month in a row, most Thrift Savings Plan funds posted negative returns in September, with the exception of the government securities investment G fund, which again posted returns of 0.35%.
Many respondents to Federal News Network’s poll said they’re also worried about the long-term negative impacts that a government shutdown poses.
Federal News Network is answering both common and specific questions on the impacts of a partial government shutdown, including what happens to Open Season, who continues to work, when you’ll get paid and much more.
As autumn brings renewed thoughts of financial plans, Open Season for the federal health benefits plans is approaching.
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