Most FERS and CSRS Offset employees will receive the 2 percent payroll tax cut as par to the plan signed into law Thursday by the President, said certified financial planner Ed Zurndorfer.
Ever hear of a double-header brain drain? The government is losing two of its best to retirement this month. Odds are they\'ve touched your life, whether you are in a federal agency or a foxhole 3,000 miles away, Senior Correspondent Mike Causey says.
Host Mike Causey will talk about the Thrift Savings Plan with Tom Trabucco, director of external affairs for Federal Retirment Thrift Investment Board. Federal Times Reporters Stephen Losey and Sean Reilly also join the show to discuss how Congress is changing your federal benefits package. February 22, 2012
Tom Trabucco, the director of external affairs at the Federal Retirement Thrift Investment Board, joined In Depth with Francis Rose to discuss what the upbeat financial news means for federal employees\' TSP accounts.
The provision — part of a larger transportation bill — would allow retiring federal employees to put their unused annual leave toward their TSP.
The House bill — H.R.3813 — would require federal workers to contribute 1.5 percent more of their salaries toward retirement over three years and end a supplemental payment for early retirees under the Federal Employee Retirement System.
You've got some thinking to do about your investments. The people who manage your Thrift Savings Plan have published draft rules for a Roth option that would let you put in after-tax money.
The rollout of the Roth option for the Thrift Savings Plan, which would allow federal employees to invest already-taxed income, has long been discussed in the federal pay-and-benefits world. That launch moved another step closer, with the planned publication Wednesday of draft regulations in the Federal Register. And TSP participants will soon have more information about what the plan will look like.
The Thrift Savings Plan has hit an eye-popping milestone. The Thrift Savings Fund balance — the total invested across the TSP\'s 4.5 million accounts — climbed to $302.1 billion by the end of January, Tom Trabucco, the director of External Affairs at the Federal Retirement Thrift Investment Board, told In Depth with Francis Rose.
Host Mike Causey is joined by Tom Trabucco, director of external affairs for Federal Retirement Thrift Investment Board, and Federal Times senior writer Stephen Losey. February 1, 2012
Thanks largely to transfusions from outside retirement plans, Uncle Sam now has 208 employees with million-dollar Thrift Savings Plan accounts, Senior Correspondent Mike Causey says,and there\'s at least one person whose 401(k) plan is worth more than $4 million.
Tom Trabucco, joined In Depth with Francis Rose for an interview on all things TSP.
Tom Trabucco, director of external affairs at the Federal Retirement Thrift Investment Board, joined In Depth with Francis Rose to discuss the "three-legged stool" of federal retirement, the ballpark-estimate calculator and how it works.
The board that oversees the Thrift Savings Plan is reminding federal employees that their G Fund investments are safe — even if the government reaches the debt ceiling and cannot issue new securities to the G fund.
Tom Trabucco, the director of external affairs at the Federal Retirement Thrift Investment Board, which oversees the TSP, joined In Depth with Francis Rose to discuss the timeline for tax season feds need to know.