As autumn brings renewed thoughts of financial plans, Open Season for the federal health benefits plans is approaching.
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The House and Senate appropriations packages are far from the only priority for Congress this fall — and many of the other to-do items have direct impacts for federal employees.
Most Thrift Savings Plan funds posted negative returns in August, with the exception of the Government securities investment G fund.
The so-called "mutual fund window" at the Thrift Savings Plan could disappear if a congressional policy becomes law. A House committee would bar funds relying on corporate environment, social or governance sensitivities.
In today's Federal Newscast: Staffing shortages are on the rise across America at the Department of Veterans Affairs. The Federal Retirement Thrift Investment Board says 89% of TSP participants are "satisfied." And the GSA says the once-troubled Login.gov platform has turned the corner.
Thomas Brandt, the chief risk officer at the Federal Retirement Thrift Investment Board, said the upcoming Association of Federal Enterprise Risk Management summit and survey will provide the latest snapshot on how agencies are doing in managing and mitigating risks.
Already showing a severe lack of investor interest, a congressional proposal to ban ESG investing could kill off the TSP mutual fund window.
The crazy weather throughout the country seems to be reflected in Congress. On recess, when it returns it will have 12 working days to workout a regular federal budget for 2024.
For the second month in a row, all Thrift Savings Plan funds, with the exception of the fixed income index F fund, posted positive returns.
For Thrift Savings Plan investors, 2023, so far, has brought a partial climb back out of the depths of 2022. It's a good time to separate the patient investors over here, and the would-be market-timers over there.
The Federal Retirement Thrift Investment Board says an appropriations policy rider would be the end of the mutual fund window. But some participants question the actual value of the mutual fund window.
With the calendar year half over, it's a good time to review your financial life. For people in the Federal Employee Health Benefits Program (FEHB), open season isn't far off.
How do you feel about the the Thrift Savings Plan's optional mutual fund window? Take a few minutes to let us know in a short poll.
With the exception of the fixed income index F fund, all TSP funds posted positive returns in June.