TSP
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The defense authorization bill agreed upon by House and Senate negotiators would affect military pocketbooks in ways both big and small. It includes a 1.3 percent pay increase for uniformed service members but chips away at the military's pension system. In exchange for shrinking pensions, it encourages current troops — and mandates that future ones — invest in the Thrift Savings Plan.
September 30, 2015 Federal benefits expert Tammy Flanagan and Philip Gardner with the Office of Personnel Management joins host Mike Causey to answer your questions about retirement planning. September 23, 2015
September 22, 2015-
Changes to the Thrift Savings Plan's G Fund appear to be off the table now as Congress tries to figure out a solution to its fiscal 2016 budget problem. But that doesn't mean you should stop thinking about how changes to your retirement plans might affect you. Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, joined In Depth with Francis Rose to offer her insight.
September 18, 2015 -
Federal agencies that have been waiting for somebody else to take the phased retirement plunge can relax. The Environmental Protection Agency told employees yesterday that a phased retirement program is now available for most eligible EPA employees.
September 16, 2015 Allan Roth, founder of Wealth Logic, joins host Mike Causey to discuss what investors are doing right and what they are doing wrong with their Thrift Savings Plan accounts. September 16, 2015
September 15, 2015-
The Thrift Savings Plan has something federal agencies don't have. The Federal Retirement Thrift Investment Board approved a $219 million budget for the coming year. In Depth with Francis Rose told Kim Weaver, director of External Affairs at the TSP, that TSP participants are probably jealous of her agency since it's budget is already in place.
September 15, 2015 -
Within the $219 million budget is money to speed up the board's cybersecurity plans and prepare for changes to the military retirement system. The board is also considering automatic escalation of contribution levels.
September 14, 2015 -
Congress has its eye on the G-Fund again. Some members want to change the way the rate of return is figured. One version of the federal budget in the House estimates savings up to $32 billion to fund other programs. But, members of the Employee Thrift Advisory Council are warning those changes could cause people to get out of the TSP altogether. Jessica Klement, legislative director of the National Active and Retired Federal Employees Association, joined In Depth with Francis Rose to talk about the proposed legislation.
September 11, 2015 -
The National Treasury Employees Union, the Employee Thrift Advisory Council and 13 other organizations urged Congress not to use the Thrift Savings Plan — the federal government’s retirement savings program — as a revenue source.
September 10, 2015 -
Do you ever worry about running out of money once you've retired? Senior Correspondent Mike Causey says it's not a problem for most federal workers.
September 10, 2015 Are you having recurrent nightmares about your Thrift Savings Plan? Senior Correspondent Mike Causey says the bad news is that you aren't dreaming.
September 09, 2015Are you having recurrent nightmares about your Thrift Savings Plan? Financial planner Arthur Stein joins host Mike Causey to discuss investment strategies for your TSP account. September 9, 2015
September 08, 2015-
Only the G Fund, which buys nonmarketable Treasury security, posted positive returns for August. The remaining Thrift Savings Plan funds posted negative numbers across-the-board.
September 04, 2015 -
Randy Silvey, wealth adviser and president of Silverlight Financial, contends federal employees don’t take enough control of their retirement planning and that impacts their future.
August 25, 2015 Tammy Flanagan with the National Institute of Transition Planning joins host Mike Causey to discuss what you should consider as you plan your retirement from the federal government. August 12, 2015
August 11, 2015