Time in grade and in government doesn’t automatically mean you will be able to maintain a reasonable standard of living once you’ve traded your biweekly pay check for a monthly annuity.
The Thrift Savings Plan has been functioning normally during the pandemic, in large part due to the Federal Retirement Thrift Investment Board's efforts to move some 80% of its contractor workforce to telework in three weeks.
If your like most federal investors, a not-so-funny-thing happened to your retirement nest egg earlier this year.
The current world economic situation triggered by the coronavirus pandemic reminds more people of the Great Depression than it does the Great Recession of 2008-2009.
The stimulus bill was a heavy lift for Congress, now various agencies are working to implement it. For what it looked like at the ground level and some of the federal concerns, the Federal Drive with Tom Temin spoke Virginia Rep. Jennifer Wexton (D).
With the stock market reeling from the impact of the coronavirus who do you feel sorriest for, the 22,432 TSP millionaires or the 5 million-plus smaller investors?
Not so long ago in what now looks like the good old days hundreds of Thrift Savings Plan account holders were hoping to be inducted into the Millionaires Club.
The Thrift Savings Plan millionaires club was going strong before the coronavirus pandemic. Now, it's lost 45% of its members.
Now that the shock of the stock market correction has settled in, federal retirement benefits specialist Tammy Flanagan said it imperative to calculate what your net retirement annuity income with be.
Not even the usually steady G fund could evade the global economic impact of the coronavirus pandemic last month, as all Thrift Savings Plan funds showed noticeable decreases in monthly returns.
When in doubt, and in all things retirement, start with Tammy Flanagan. She’s been thinking and rethinking your career since the virus hit.
Yet seasoned investors know that stock market declines are inevitable. Only two questions come to mind when a decline begins: How deep will it be? How long will it last?
March has been a game-changer for billions of people. The pandemic has produced a variety of mid-life crises for just about every thinking person.
The Thrift Savings Plan is scheduled to implement a series of new lifecycle funds later this summer, if the coronavirus pandemic doesn't derail the scheduled rollout.