TSP
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Two years after launching the Roth option for the Thrift Savings Plan, the Federal Retirement Thrift Investment Board (FRTIB) has seen Roth TSP enrollment rise to 8 percent.
July 31, 2014 -
The Thrift Savings Plan Board is checking up on the quality of the information you get when you call and ask the TSP for help. The July board meeting wasn't in Washington like it usually is; the board took a field trip this month. Kim Weaver, director of external affairs at the Federal Retirement Thrift Investment Board, tells In Depth with Francis Rose the field trip was a learning experience.
July 30, 2014 -
The Smart Savings Act would make the Lifecycle Funds the default investment option in the Thrift Savings Plan for new federal employees.
July 15, 2014 -
While federal employees gave high marks on usefulness and importance to the Thrift Savings Plan, only a small percentage said they had flexible spending accounts because they saw little value in the program. The results are part of a survey that OPM has been doing since 2004 to gauge worker opinions on the health and wellness benefits it offers.
July 10, 2014 -
The Thrift Savings Plan continued a summer winning streak through June, with all funds in federal employees' 401(k)-style retirement accounts finishing out the month in positive territory, according to new data from the Federal Retirement Thrift Investment Board. It's the second month in a row all funds have finished in the black.
July 01, 2014 -
Financial advisor Arthur Stein will answer your calls and emails about the TSP, and CBS MoneyWatch Columnist Allan Roth discusses what you can do to maximize your TSP investments. June 25, 2014
June 25, 2014 -
Boosted by a recovering economy and a booming Wall Street, assets in the Thrift Savings Plan have continued to climb. Since reaching $400 billion in February — the highest amount ever recorded — assets under TSP management grew to more than $412 billion by the end of last month. But as total assets have increased, so have calls to tweak the program that's provided federal employees with 401(k)-style retirement accounts since 1987. Still, the TSP has consistently resisted calls to modify its simplified, tried-and-true structure.
June 23, 2014 -
For only the second time this year, all of the funds in the Thrift Savings Plan finished the month in positive territory, according to new data from the Federal Retirement Thrift Investment Board. It was the strongest month for the TSP — and Wall Street — since February
June 02, 2014 -
The way to make money in the stock market is to buy when share prices are down and sell when they go up. Yet most people do just the opposite, Senior Correspondent Mike Causey says. Are you a closet market-timer?
May 30, 2014 -
The results are in from a customer service survey of Thrift Savings Plan account holders. And the verdict is one that most organizations would kill to have. Kim Weaver, director of external affairs at the Federal Retirement Thrift Investment Board, tells In Depth with Francis Rose why they did the survey in the first place.
May 27, 2014 -
Nearly nine out of 10 federal employees are satisfied with the Thrift Savings Plan, according to a new survey published by the Federal Retirement Thrift Investment Board, which manages feds' 401(k)-style retirement accounts. Meanwhile, the TSP board is inching forward on a decision on whether to adopt a mutual-fund window.
May 27, 2014 -
A bipartisan House bill would reform federal tax law so that federal law-enforcement officers and firefighters can access funds from their 401(k)-style Thrift Savings Plans when they're eligible to retire without facing a penalty. Jon Adler, national president of the Federal Law Enforcement Officers Association, called the current situation "one of those glaring inequities that needed to be addressed and fixed."
May 27, 2014 -
What would it mean to the federal-military investors in the Thrift Savings Plan if everybody in the country were allowed to join up? Nobody knows for sure, but higher fees, for everybody, would seem to be a likely outcome, Senior Correspondent Mike Causey says.
May 19, 2014 -
When it comes to certain federal benefits, President Barack Obama and Florida Senator Marco Rubio have something in common. One of them is admiration for the federal Thrift Savings Plan, Senior Correspondent Mike Causey Says.
May 15, 2014 -
Last month, Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, joined Federal News Radio's senior correspondent, Mike Causey, to answer feds' questions as part of an exclusive online chat. The experts fielded dozens of questions from readers -- but couldn't get to all them. So, Federal News Radio went back to the experts to answer another round of questions for readers. In this special Q&A, find the experts' take on everything from the best date to retire this year and what happens to insurance premiums when you retire to whether the Thrift Savings Plan plans to offer in-plan conversions.
May 09, 2014