TSP
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Another member of Congress has introduced legislation that would give federal employees the option to take a penalty-free hardship withdrawal from their Thrift Savings Plan during government shutdowns. Meanwhile, the TSP is also still struggling to improve its cybersecurity posture.
February 25, 2019 -
But if you don’t appreciate politicians trying to eliminate long-promised features of your Federal Employees Retirement System or Civil Service Retirement System packages fasten your seat belts.
February 25, 2019 -
If Uncle Sam kept a list of endangered workers, folks under the old Civil Service Retirement System would be at the top. Less than six of every 100 workers still on the payroll are under the system that was phased out in the mid 1980s.
February 21, 2019 -
Allan Roth, founder of Wealth Logic and a nationally syndicated financial columnist, said that when it comes to investing, his motto is "Dare to be dull," as in boring.
February 20, 2019 -
This week's Your Turn guest is estate attorney Tom O’Rourke, a former IRS attorney who now works exclusively on things such as wills, powers-of-attorney, medical directives and trusts, which some would say most people should have.
February 13, 2019 -
Senior Correspondent Mike Causey recently received an email from a listener with $1.2 million in the Thrift Savings Plan and made on his second move of funds last September.
February 12, 2019 -
The typical federal worker has been through at least four shutdowns. Another may happen as soon as this month, so we asked a long-time U.S. Postal Service worker in Florida and financial coach, to dig into his memory bank.
February 08, 2019 -
Participants in the Thrift Savings Plan can officially borrow from their own retirement accounts during future government shutdowns.
February 07, 2019 -
In today's Federal Newscast, the Federal Retirement Thrift Investment Board issues a new interim rule allowing participants in the Thrift Savings Plan to take a loan while in non-pay status.
February 07, 2019 -
For the past decade the number of self-made millionaires in the federal Thrift Savings Plan has been growing steadily. peaking in September. But the last quarter of 2018 saw the market fall.
February 05, 2019 -
In today's Federal Newscast, Senate Democrats have brought forth a companion to a new bill from House Democratic leaders, which calls for giving civilian federal employees a 2.6 percent pay raise.
January 30, 2019 -
The agency that administers the Thrift Savings Plan said there may be a legislative movement building in Congress to allow federal employees more flexibility to tap into their TSP accounts with fewer penalties during future government shutdowns.
January 29, 2019 -
If you don’t like financial surprises you are probably going to hate the catch-up paycheck coming your way. The money you get for shutdown-delayed wages may not be nearly as much as you expected.
January 29, 2019 -
Federal News Network is soliciting your questions about your pay, benefits, retirement and other topics during the government shutdown.
January 17, 2019 -
Many feds, young, old or retired, invested heavily in the stock-indexed C, S and I funds are nervous about their Thrift Savings Plans. We asked financial planner Arthur Stein what’s going on.
January 16, 2019