Many financial planners urge clients investing for retirement to take the long-view. For many investors that is easier said than done.
Returns from the Thrift Savings Plan took a sharp downturn in February, reflecting corrections in the stock market that made for a volatile month.
If somebody said your federal pension plan needs $152 billion in nip and tuck surgery, would you be alarmed? Maybe you should be, says Senior Correspondent Mike Causey.
Most people retiring from the federal government are at least as well off as their retired private-sector friends and neighbors, in many cases better off.
Nearly 120,000 callers spent 5 minutes or longer waiting for a Thrift Savings Plan call representative to pick up the phone last month, a metric that's well short of the TSP agency's customer service goals.
The fund where federal workers have most of their retirement nest egg returned 2.3 percent last year, while the fund where they have the least amount invested returned 25.4 percent. What's wrong with this picture?
Did the recent stock market nosedive send you moving money from the stock indexed C and S funds into the G fund for safety? If so, was that a smart move?
Did the stock market mini-correction a few weeks back make you nervous? Did it cause you to shift money in the stock-indexed C, S and I funds into the "safety" of the Treasury securities G fund? Was that wise? Find out when financial planner Arthur Stein joins host Mike Causey on this week's Your Turn. February 21, 2018
Senior Correspondent Mike Causey hopes this cheers up active and retired federal workers in sticker shock over the new White House budget.
How does the 2017 Tax Act affect your tax and estate plan? Find out when Washington area estate tax attorney Thomas O'Rourke joins host Mike Causey on this week's Your Turn. February 14, 2018
A highly-respected New York financial writer predicted that the U.S. stock market was long overdue for a correction of the type we saw on Monday.
If you've been a government employee for more than month, you know what a shutdown is, and if you haven't just wait.
Can a GS 5 civil servant at the National Institutes of Health become a millionaire by investing? This federal employee is doing everything she can to make that happen.
The Thrift Savings Plan investment and lifecycle funds both see slight increase in return as the new year takes off.
The number of federal workers with million dollar retirement accounts jumped from 16,000 in August to almost 24,000 by the end of 2017. So what happened?