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.
August followed July’s pattern of widespread month-over-month drops in the TSP, as well as year-over-year decreases in all but two funds.
While you were away, here’s what happened on the job front — spoiler alert, not much!
In today’s Federal Newscast, the Army’s issuing new maximum bonus amounts, aimed at encouraging soldiers to sign up for longer enlistments.
Most experts say it is essential that people under the Federal Employees Retirement System put at least 5% into the Thrift Savings Plan.
Thanks to the ups and downs in the global markets, some of the 37,612 feds who were Thrift Savings Plan millionaires at the end of June may be back to six-figure balances.
When the Federal Employees Retirement System was being developed in Congress, most people didn’t switch even though they probably should have.
In today’s Federal Newscast, the Veterans Affairs Department’s smoking ban at medical facilities now extends to its employees, something their union is not happy about.
Since the 1980s some federal offices and postal stations have been divided by a form of pension envy between CSRS and FERS.
No matter how humble your salary, job, habits and possessions you have an estate.
Are you a fed who needs more realistic investing guidance? Look at your own Thrift Savings Plan account and those or your 5,690,000 fellow account holders.
Feds more than most groups need to check on their tax status after retirement. That’s why many move.