The federal Thrift Savings Plan has been such a boon for investing, some feds now have TSP accounts topping $1 million.
Even before the blended retirement plan goes into effect, the Pentagon is monkeying with it, and that's got the ire of retired officers.
What happens if you outlive your money? Senior Correspondent says most federal retirees are safe, but there are ways to avoid being sorry.
The Thrift Savings Plan posted across-the-board positive numbers for the third consecutive month in May, with a large majority of the retirement funds posting higher monthly numbers in May than they had the previous month.
Does having tax-free income when you retire sound like a good deal? Senior Correspondent Mike Causey says it's an option available to federal and military personnel right now. No catches.
Financial planner Arthur Stein is this week's guest on Your Turn. He will discuss the differences between a regular TSP account and a Roth TSP, and which one is right for you. June 1, 2016
Self service and longer hours for the call center are two goals of an ambitious project to update the way the Thrift Savings Plan interacts with federal employees. Kim Weaver, director of external affairs for the Federal Retirement Thrift Investment Board, joins Federal Drive with Tom Temin with a status report on Project ExPRESS.
The Federal Retirement Thrift Investment Board customer service effort ExPRESS will provide an "end-to-end view" of communications between the board and TSP participants.
Randy Silvey, president of Silverlight Financial, highlights a new survey from his firm and Federal News Radio about just how ill-prepared federal employees are for retirement.
When it comes to taking your Social Security benefit, Senior Correspondent Mike Causey says timing is everything and everyone needs a Plan B.
The Federal Retirement Thrift Investment Board may need to ask for more resources to get through the rest of fiscal 2016, the agency's leadership warned. The board predicts the money it spends on cybersecurity upgrades and external audits will likely force the agency to exceed 2016 budget allocations before the year ends.
Senior Correspondent Mike Causey says you don't want to be one of the 11 percent of federal employees who don't contribute to their Thrift Savings Plan accounts.
Randy Silvey, president Silverlight Financial, advises federal employees to take action now to protect their identities and credit by paying for a credit freeze and changing financial passwords.
If you work for Uncle Sam, up to half of your retirement income will come from your investments. Senior Correspondent Mike Causey says playing it too safe could make you sorry.
Financial planner Arthur Stein joins host Mike Causey on this week's Your Turn show to discuss the pros and cons of the TSP lifecycle funds, and whether your retirement is protected from another "bear" market. April 20, 2016