Most of the 34,000 active and retired feds with million-dollar-plus Thrift Savings Plan accounts got there by keeping cool. Most have been steady investors for decades.
Certain pieces of the federal retirement process can leave you feeling uneasy. There are a few steps you can take to make the process smoother though.
Many of the current TSP millionaires made their financial bones during the Great Recession of 08-09. Will history repeat itself during the next big recession?
In today’s Federal Newscast, a new report highlights how the most recent 35-day partial government shutdown hurt agencies.
Because of the 2017 tax law, many were surprised to learn that it no longer paid to itemize deductions that had been important in the past.
In today’s Federal Newscast, Veterans Affairs launched a new training program to help employees impacted by the agency’s ongoing electronic health record modernization.
Thrift Savings Plan participants officially have access now to a variety of new withdrawal options. Here’s what they mean, and here’s how they might help you stay in the TSP longer into retirement.
The Thrift Savings Plan is an important part of retirement security for federal employees and has launched several new options for how to manage or take withdrawals from one’s account.
The first TSP millionaires were all alike and today, they still have a lot in common. The vast majority have been investing the maximum for 29-plus years.
The Federal Retirement Thrift Investment Board announced in 2017 it would broaden the I fund’s benchmark to include more emerging markets, including China.
Earlier this year, the chances of both (or either) a federal pay raise and a separate cost of living adjustment for retirees were hovering somewhere between slim and slimmer. The president called for a zero…
Effective Sept. 15, major changes will take effect in the TSP, changes that will make it more attractive for life-time investors and more convenient for people who need to withdraw different amounts over their retirement.
Hundreds of federal and postal workers become retirement eligible every day. Although most don’t retire at the first opportunity.
The dominant Federal Employees Retirement System covers most working feds. It’s good but it has several moving parts.