TSP
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Retirement itself has an uncertain meaning, since people do things after they leave government that seem like work. Sometimes they actually do launch new careers. Others feel fine with traditional retirement.
February 15, 2024 -
After a strong finish in December 2023, Thrift Savings Plan started 2024 with negative returns in January.
February 01, 2024 -
If the 2023 stock market showed anything, it is that you cannot predict the stock market. Instead, you need a strategy you can stick with. To find out what the rear-view mirror is telling investors,…
January 25, 2024 -
Close to 87% of TSP participants are now contributing enough to their retirement accounts to receive the maximum matching contribution rate from the government.
January 23, 2024 -
In December, TSP returns continued a climb that brought continued positive returns for the year.
January 02, 2024 -
The I Fund, that is the international stock fund operated by the Thrift Savings Plan. Next year, the Federal Retirement Thrift Investment Board will overhaul how the I Fund goes about making investments.
December 22, 2023 -
More than a million military service members participate in the so-called blended retirement system. It lets them make TSP-style savings contributions that are portable. The funds go with them when they leave the military. But there is more to financial readiness, something to think about in a high-spending season.
December 15, 2023 -
A few things Thrift Savings Plan participants should know about upcoming changes from the SECURE 2.0 Act, aiming to make it easier to save for retirement.
December 14, 2023 -
Even in today's inflationary times, the word millionaire has a certain cachet. With a little self discipline and the power of compound interest, millionaire status is available to federal employees who make wise use of the Thrift Savings Plan.
December 14, 2023 -
'Tis the season to be jolly. But don't get too distracted from important priorities, like end-of-year financial planning. For some orientation, the Federal Drive with Tom Temin spoke with Thiago Glieger, a wealth adviser with RMG Advisers of Rockville, Maryland, a firm that specializes in federal employees.
December 07, 2023 -
After 3 months of mostly negative returns, Thrift Savings Plan funds bounced back with positive returns in November.
December 01, 2023 -
For Thrift Savings Plan investors, 2023 showed some positive signs. The year also brought some changes to the "I" Fund. For more, Federal News Network's workforce reporter and co-host of the podcast Fed Life, Drew Friedman, talked with certified financial planner Art Stein on the Federal Drive with Tom Temin.
November 29, 2023 -
Currently, 82% of TSP participants are satisfied with the plan, compared with an 87% satisfaction rate in 2022.
November 27, 2023 -
After several years of delays and controversy, the TSP’s I fund will transition to tracking a new, broadened benchmark index, but will exclude investments in China and Hong Kong.
November 15, 2023 -
In today's Federal Newscast: The size of the U.S. military has dropped nearly 3%. FEMA and CISA publish a first-ever guide for emergency managers to prepare for attack. And the number of TSP millionaires jumps to nearly 100,000.
November 08, 2023