Funds in the Thrift Savings Plan rebounded last month from a June dip. All TSP funds posted in positive territory for the first time since April, and some funds boasted their biggest monthly increases of the year so far
Every TSP fund -- with the exception of the ever-reliable government-securities G Fund -- finished last month in negative territory, according to new data from the Federal Retirement Thrift Investment Board.
The Federal Retirement Thrift Investment Board is setting the stage for a major new multiyear initiative to study the needs of Thrift Savings Plan participants and improve its services. The first step in the process will be determining benchmarks for how the board currently operates and communicates with participants, said Kim Weaver, the board's director of external affairs.
After solid showings in March and April, Thrift Savings Plan funds lost a little steam last month, according to new data from the Federal Retirement Thrift Investment Board. Overall, two of the five regular funds posted ended May in negative territory, including the F Fund (the bond market) and the I Fund (international stocks). The F Fund is down 0.76 percent for the year.
Steve Bauer, executive director of the Federal Employee Education and Assistance Fund, and Federal Times Senior Writer Stephen Losey will discuss furloughs and other issues affecting federal workers. May 22, 2013
All Thrift Savings Plan funds continued to perform well in April. While only two funds reported higher return rates for the month compared to March, all funds posted positive returns.
Financial Planner Art Stein and Federal Times Senior Staff Writer Stephen Losey join host Mike Causey to talk about a number of issues affecting federal workers. April 24, 2013
The Federal Retirement Thrift Investment Board says offering federal employees an extra loan option through their Thrift Savings Plans to cushion the impact of furloughs would require too much effort to implement and may not help the employees all that much. Several federal-employee unions have lobbied the board to add a second general purpose loan option to help cushion the blow of furloughs. But at a Employee Thrift Advisory Council meeting April 22, the board quashed the idea, citing the complexity surrounding the changes.
Financial Planner Art Stein and Federal Times Senior Staff Writer Stephen Losey join host Mike Causey to talk about a number of issues affecting federal workers. April 17, 2013
While auto enrollment for new hires has increased participation in the Thrift Savings Plan over the last few years, a recent report suggests many of them are staying in the super-safe G Fund — instead of reallocating money into other funds.
After a modest showing so far this year, Thrift Savings Plan funds were buoyed by recent record highs on Wall Street and finished the month with solid gains. All five regular funds, in addition to the target-date Lifecycle Funds, finished March in the black for the first time since November.
The rate of growth in the Thrift Savings Plan funds slowed in February, with most funds posting lower gains compared to January.
Now that you've been sequestered and set up for possible furloughs, what else could go wrong? A one-day-a-week furlough means a 20 percent pay cut for that week, Senior Correspondent Mike Causey explains. So what is the impact, if any, on your Thrift Savings Plan contributions and the matching contributions you get from your agency?
Washington attorney John Mahoney, and Federal Times writers Stephen Losey and Sean Reilly answer your questions about sequestration and furloughs. February 20, 2013
The Thrift Savings Plan began 2013 almost exactly how it left off last year. All the regular funds — with the exception of the F Fund, made up of government bonds — and all the target-date Lifecyle Funds posted in positive territory for the month of January.