Every time federal workers hear about a private company freezing its pension plan, they feel a distinct chill. Senior Correspondent Mike Causey wonders if feds are feeling a little cold these days.
The Federal Retirement Thrift Investment Board is losing its executive director of 10 years. Greg Long announced his resignation during the board's monthly meeting. In the interim, the agency's chief investment officer, Ravindra Deo, will serve as the acting executive director while the board conducts a national search for a new leader.
Government workers and postal employees have only a few legal ways to have Thrift Savings Plan accounts worth more than $1 million. Senior Correspondent Mike Causey shares the details.
Financial planner Arthur Stein offers investment strategies on Your Turn with Mike Causey for just-starting-out feds, people mid-career and those facing retirement or already there.
How do you legally become a millionaire on the side using just your government paycheck? A reader gives Senior Correspondent Mike Causey the lowdown.
Federal employees who invest in the Thrift Savings Plan withdraw more than $9 billion annually from the government retirement fund, due in part to its strict rules on withdrawals. Now two senators have introduced a bill to relax those TSP restrictions.
Maybe the coming warm weather here has you thinking how nice it would be to go to that Tuesday day game. Face it. You've got the retirement bug. Federal Drive with Tom Temin talked with Tammy Flanagan, senior benefits director at the National Institute of Transition Planning, about how to get a jump on planning.
A certain catchphrase of the late, great comedian Rodney Dangerfield is applicable to the Thrift Saving Plan's always-safe G fund, says Senior Correspondent Mike Causey.
The Thrift Savings Plans is seeing red for the first time in 2017, after two funds posted negative numbers in March.
Lyn Alden, who provides equity research and investment strategies, offers insights into what the future holds for the TSP.
AARP magazine financial columnist Allan Roth joins host Mike Causey on this week's Your Turn to discuss investment strategies for federal workers. He'll also share his about his dare-to-be dull method of investing. April 5, 2017
If you're lucky or wise, you'll keep adding to your Thrift Savings Plan and it keeps growing. Should you leave it or do you put it to work for you in some other way? Tammy Flanagan, senior benefits director at the National Institute of Transition Planning, offers some advice for wringing the most out of your TSP on Federal Drive with Tom Temin.
More than 10,000 federal workers and retirees now have Thrift Savings Plan accounts worth over $1 million, says Senior Correspondent Mike Causey.
When you've had enough, will you have enough to do something about it? asks Senior Correspondent Mike Causey.
Randy Silvey, president Silverlight Financial, encourages feds to take a more active role in understanding potential changes to their retirement benefits and managing their risks.