Every Thrift Savings Plan fund scored positive returns in January, starting out 2023 on a good note for federal investors. The biggest winner was the small cap stock index S Fund, with a return of 10.82%
While the Thrift Savings Plan overseers work to fix the TSP website and system behind it, users report ongoing problems: mainly long telephone wait times and a lack of control over monthly withdrawals. Financial coach…
My inbound mail is bringing a lot of reactions to TSP web site issues and the telework question.
In today's Federal Newscast: The Treasury Department is temporarily suspending investments in the Civil Service Retirement and Disability Fund. Federal contracting officers have new training and certification requirements. And the State Department is launching a new program to resettle refugees in the U.S.
By nearly all measures, 2022 was a terrible year for the average investor. Inflation and a host of badly received public policies sent both stock and bond markets in bear territory.
Treasury Secretary Janet Yellen has notified Congress that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default.
The Thrift Savings plan mostly finished out the month of December in the red. The only exception was the government securities investment G Fund.
Agencies’ ‘future of work’ plans, priorities in the President’s Management Agenda and hiring reform efforts defined 2022 for federal employees.
From calibrating your TSP contribution to deciding whether to keep working ... there's a lot to think about at year-end.
Federal law will raise the maximum amounts Americans can contribute to 401K plans next year, including the Thrift Savings Plan. Is it a good idea to just go ahead and plow in all you can?
The Federal Retirement Thrift Investment Board found that TSP participants who received an email from the board were more likely to increase their retirement savings contributions.
Thrift Savings Plan participants saw a major TSP update on June 1. Now six months later, the Federal Retirement Thrift Investment Board shared progress, ongoing work and lessons learned.
It may seem like the Fourth of July weekend was just a couple of months ago, but now 2023 is only three weeks away. It's the season of lists! Make 'em once and check 'em twice! While you're making lists, be sure you've got a year-end financial checklist.
Across the board, Thrift Savings Plan funds made gains in November. These come after a month where they almost all saw positive movement, as well.
If you can't really change where your investments are at, don't stare at the daily fluctuations.