TSP
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Many private sector types claim they would lop off a key part of their anatomy to be in the Thrift Savings Plan, says Senior Correspondent Mike Causey.
July 24, 2015 -
Senate leaders agreed in principle to a six-year highway transportation fund bill that doesn’t try to raise money by changing the way the interest rate on the G-Fund is calculated. But Democrats stopped the bill from moving to a full vote because they wanted more time to read the entire bill.
July 21, 2015 -
The Senate is working on a long-term highway spending bill that taps billions of dollars from the Thrift Savings Plan to help pay for it. House budget writers say the G-fund is just too good of a deal and they want to base the fund's interest rate on a three month average instead of the current four-year average. Kim Weaver of the Federal Retirement Thrift Investment Board says that would make the G-fund virtually worthless for TSP participants. Jessica Klement is legislative director of the National Active and Retired Federal Employees Association. She tells In Depth with Francis Rose that NARFE wants Congress to come up with another solution.
July 21, 2015 -
The congressional stalemate over funding a long-term highway bill is reviving fears that lawmakers could raid the Thrift Savings Plan. House Republicans have proposed cutting the G Fund's interest rate to free up $32 billion over ten years.
July 14, 2015 -
A brand new law just signed by President Obama will give a lot of federal employees the ability to start drawing retirement funds from the Thrift Savings Plan much earlier than had been allowed in the past. It's called the Defending Public Safety Emploees Retirement Act and it applies to several federal positions that are already eligible for early retirement. Tammy Flanagan is the senior benefits director for the National Institute for Transition Planning. She tells In Depth guest host Jared Serbu how the law will work and what its impact will be.
July 10, 2015 -
Most of the Thrift Savings Plan funds fell in June 2015, according to the latest statistics from the Federal Retirement Thrift Investment Board.
July 01, 2015 -
Congress is working on two bills that impact the Thrift Savings Plan. But this time you don't need to worry about someone messing up a good thing. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. She tells In Depth with Francis Rose how both bills may affect you.
June 30, 2015 -
By Arthur Stein, CFP Bethesda, MD There are many advantages to the Thrift Savings Plan for federal employees who are growing their investments. The TSP offers a variety of funds with low expenses. But retirees who…
June 26, 2015 How many states prohibit 70-year-old men from wearing Speedo bathing suits in public? Senior correspondent Mike Causey has the surprising answer.
June 25, 2015TSP Board Executive Director Greg Long and Kim Weaver, the director of external affairs, join hosts Bob Leins and Tammy Flanagan to answer listeners questions about the Thrift Savings Plan.
June 19, 2015What tax bracket are you in? What do your TSP distributions have to do with your tax bracket? Is there a benefit to the Roth TSP? Hosts Bob Leins and John Elliott discuss these topics and more on this week's show.
June 19, 2015Many federal retirees are confused about how to use the funds in their Thrift Savings Plan accounts after they retire. This week on For Your Benefit, guest Dave Redden, a well-known and long-time federal benefit and financial planning expert, joins host Bob Leins to discuss the strengths and weaknesses of the TSP.
June 19, 2015-
House Republicans have dealt a blow to a proposed rule that advocates say would help federal employees and retirees avoid costly investment mistakes.
June 18, 2015 -
Financial planner Arthur Stein joins host Mike Causey to discuss TSP investment strategies for federal workers, postal service retirees, and retired feds. June 17, 2015
June 17, 2015 -
A blended retirement plan for uniformed military personnel is headed to Capitol Hill. The blend is a mix of the current defined benefit plan and a defined contribution plan that would be set up in the Thrift Savings Plan. Dr. James Joyner is an associate professor at the Marine Corps Command and Staff College, and nonresident senior fellow at the Brent Scowcroft Center on International Security at the Atlantic Council. He tells In Depth with Francis Rose why the time is right for a look at military retirement.
June 17, 2015