TSP
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Turbo-charged customer service and some more customized services may be available to Thrift Savings Plan investors in the future. Greg Long, the executive director of the TSP, says the TSP may provide these services -- since they see participants taking all their money out of their accounts when they retire. Federal News Radio Reporter Emily Kopp tells In Depth with Francis Rose what Greg Long is most worried about.
November 06, 2014 -
Young feds are too passive; older feds too hasty with their retirement savings, according to Greg Long, executive director of the Federal Retirement Thrift Investment Board. He spoke at a meeting Wednesday of the Financial Literacy and Education Commission.
November 05, 2014 -
All TSP funds, except for the I fund, posted positive results for the month of October, according to the Federal Retirement Thrift Investment Board.
November 04, 2014 -
Larry Fink, chief executive officer of BlackRock, spoke at a meeting Monday of the Federal Retirement Thrift Investment Board, which administers the Thrift Savings Plan.
October 29, 2014 -
A huge pile of investment capital -- $420 billion-plus and growing daily -- is begging to be rescued by a private sector suitor, says Senior Correspondent Mike Causey. The money is 4.6 million Thrift Savings Plan accounts held by current, retired or former federal and postal workers and military personnel.
October 03, 2014 -
Federal workers are pretty savvy about investing for retirement, says Senior Correspondent Mike Causey. The Thrift Savings Plan now has more than 4.6 million account holders and is worth more than $420 billion.
October 02, 2014 -
A new menu of services is under consideration for participants in the Thrift Savings Plan. The TSP now has the results from a survey (and focus groups) to help them understand why people who leave government take all their money out of their accounts. Kim Weaver is director of external affairs for the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she explained who the TSP surveyed and why they asked.
October 01, 2014 -
After rebounding in August, nearly all of the federal Thrift Savings Fund accounts posted negative numbers at the end of September. Despite this one-month dip, year-to-date percentages remain positive.
October 01, 2014 -
The Federal Retirement Thrift Investment Board conducted a survey to find out why so many former feds are withdrawing all the money from their Thrift Savings Plan accounts so soon after retirement.
September 30, 2014 -
Nearly half of all Thrift Savings Plan participants close their accounts when they leave government. Senior Correspondent Mike Causey explains why.
September 25, 2014 -
Over the past several years, the number of federal workers will million-dollar Thrift Savings Plan accounts has jumped dramatically. That's due, no doubt, to the surging stock market, and some TSPers who stayed the course through tough times, says Senior Correspondent Mike Causey.
September 19, 2014 -
Some people go outside the TSP because they want to have a wider choice of investment options. Would you do the same? asks Senior Correspondent Mike Causey.
September 18, 2014 -
Forty-five percent of TSP investors who left government in 2012 closed their federal accounts within a year, according to a survey by the Board that runs the giant 401(k) style program. Senior Correspondent Mike Causey wonders why.
September 17, 2014 -
All Thrift Savings Plan domestic funds recorded gains in August. In the most dramatic comeback, the S Fund ended August 4.98 percent higher than it began.
September 02, 2014 -
The biggest number ever for federal employees saving for the future is in. More than ever are saving in the Thrift Savings Plan. Kim Weaver is Director of External Affairs the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she said the results make the people who run the TSP really happy.
August 26, 2014