The Federal Retirement Thrift Investment Board, the agency that administers the Thrift Savings Plan, is also keeping a close eye on 2018 budget process. The board says the proposed changes to the federal retirement system included in the president's budget request could have significant impacts for retirees and how they participate in the TSP.
While one fund took an unexpected downturn into the red, the rest of the federal retirement funds generally posted higher returns last month or remained relatively unchanged.
Do you know what's in your federal benefits package? If not you should. Federal benefits expert Tammy Flanagan will explain why when she joins host Mike Causey on this week's Your Turn. May 31, 2017
Rep. Steny Hoyer (D-Md.) said he will make the case to fellow lawmakers that it’s the wrong time to cut federal employee benefits as the unemployment rate is low.
Senior Correspondent Mike Causey says the greatest fear of retirees who don't get a pension from work or an inflation adjustment is running out of money.
Are you worried about running out of money? This week on Your Turn, financial planner Arthur Stein joins host Mike Causey to discuss how long your investments should last during retirement. May 24, 2017
If you work for Uncle Sam and you don't like your benefits package, you need help. Senior Correspondent Mike Causey has just the person to talk to.
The Thrift Savings Plan rebounded in April from its slight March downturn. Every fund posted positive returns, and most came in higher than the previous month.
Every time federal workers hear about a private company freezing its pension plan, they feel a distinct chill. Senior Correspondent Mike Causey wonders if feds are feeling a little cold these days.
The Federal Retirement Thrift Investment Board is losing its executive director of 10 years. Greg Long announced his resignation during the board's monthly meeting. In the interim, the agency's chief investment officer, Ravindra Deo, will serve as the acting executive director while the board conducts a national search for a new leader.
Government workers and postal employees have only a few legal ways to have Thrift Savings Plan accounts worth more than $1 million. Senior Correspondent Mike Causey shares the details.
Financial planner Arthur Stein offers investment strategies on Your Turn with Mike Causey for just-starting-out feds, people mid-career and those facing retirement or already there.
How do you legally become a millionaire on the side using just your government paycheck? A reader gives Senior Correspondent Mike Causey the lowdown.
Federal employees who invest in the Thrift Savings Plan withdraw more than $9 billion annually from the government retirement fund, due in part to its strict rules on withdrawals. Now two senators have introduced a bill to relax those TSP restrictions.
Maybe the coming warm weather here has you thinking how nice it would be to go to that Tuesday day game. Face it. You've got the retirement bug. Federal Drive with Tom Temin talked with Tammy Flanagan, senior benefits director at the National Institute of Transition Planning, about how to get a jump on planning.