In today's Federal Newscast: Congressman Adam Schiff (D-Calif.) has introduced a bill to create another TSP investment option. GSA's Sonny Hashmi logs in to an oversight committee's hot seat. And Sen. Cory Booker (D-N.J.) is troubled by a glitch-plagued app for migrants.
Bank stocks might look like dicey propositions these days. There's nothing to focus investors' minds like the possibility of a run on the banks. It's not 2008 though, and we probably won't see the failure of hundreds of banks like we did back then. For more on the state of money and investments, big and small, the Federal Drive with Tom Temin spoke with Certified Investment Planner Art Stein.
In today's Federal Newscast: A bill is reintroduced to establish an IG office for the agency that manages the Thrift Savings Plan. The Postal Service surpasses more than $2 billion in losses so far this fiscal year. And the Biden administration is figuring out a way to bring some standardization to how agencies hire cyber workers.
If you wonder why federal employees worry, along with everyone else, consider: mini financial crises, a stubbornly bear stock market, no breakthroughs on Social Security solvency, and the debt-ceiling debate dragging out.
A simple list of names doesn't do justice to Presidential Rank Awardees, plus GAO launches look-see into TSP snafus
In today's Federal Newscast: GAO promises more details about TSP's new website. Lawmakers look to ban agency use of Biometric Technology. And the Army's new advertising slogan is an old one.
Thrift Savings Plan has a shaky February, but returns are all still positive for the year.
Employee retention is a hot topic for many agencies. Agencies have made positive steps toward keeping people, but there are a few things they could still do.
Withdrawals, loan repayments, navigating the web site — TSP accounts management is still a challenge
Every Thrift Savings Plan fund scored positive returns in January, starting out 2023 on a good note for federal investors. The biggest winner was the small cap stock index S Fund, with a return of 10.82%
While the Thrift Savings Plan overseers work to fix the TSP website and system behind it, users report ongoing problems: mainly long telephone wait times and a lack of control over monthly withdrawals. Financial coach…
My inbound mail is bringing a lot of reactions to TSP web site issues and the telework question.
In today's Federal Newscast: The Treasury Department is temporarily suspending investments in the Civil Service Retirement and Disability Fund. Federal contracting officers have new training and certification requirements. And the State Department is launching a new program to resettle refugees in the U.S.
By nearly all measures, 2022 was a terrible year for the average investor. Inflation and a host of badly received public policies sent both stock and bond markets in bear territory.