TSP
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After a month of growth for all Thrift Savings Plan funds, December saw some federal retirement accounts dipping into the negative.
January 02, 2015 -
President Obama signs a bill that changes how new Federal employees will save for retirement. Instead of having 3% of their pay go into the G Fund if they don't choose for themselves, the money will go into one of the TSP's lifecycle funds. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she said the TSP has been behind this idea for a long time.
December 17, 2014 -
Federal and postal investors are entitled to feel a little bit smug as they follow what could be a landmark pension management case involving one of the nation's biggest firms. Senior Correspondent Mike Causey says so can the people who set up and run the federal Thrift Savings Plan.
December 16, 2014 -
A bill to automatically enroll new federal employees in the Thrift Savings Plan's Lifecycle funds is ready for President Obama's signature. But first your agency needs to hire new people for that bill to make a difference. Tim McManus is Vice President for Education and Outreach at the Partnership for Public Service. On In Depth with Francis Rose, he predicted the federal hiring outlook for 2015.
December 15, 2014 -
Now that Congress has passed the Smart Savings Act, the Federal Retirement Thrift Investment Board is programming a new savings default option for those who join the federal government late next year.
December 15, 2014 -
The Federal Retirement Thrift Investment Board estimates nearly $10 billion will leave the Thrift Savings Plan this year. The Board will consider offering investment advice because they think some of the money is leaving at the advice of outside financial planners. Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, tells In Depth with Francis Rose why some of those "free" investment planning seminars might have a hidden agenda.
December 12, 2014 -
Congress has passed a bill that will automatically enroll new federal employees in the Thrift Savings Plan's Lifecycle Funds (L Funds), rather than the Government Securities Investment Fund (G Fund).
December 12, 2014 -
Every Thrift Savings Plan domestic fund showed growth in November, including the troubled I Fund, which had been in the negative for months.
December 01, 2014 -
In a new report on reducing the federal deficit, the Congressional Budget Office suggests that cutting 70,000 government jobs over the next decade and changing the math used for civilian and military pensions could save $100 billion.
November 26, 2014 -
Some new choices may be coming to your Thrift Savings Plan account, but you won't see those choices for a while. First, the TSP board wants to know the best way to offer those choices. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she explained what may become part of your TSP account.
November 18, 2014 -
In a bid to keep more people participating in the Thrift Savings Plan even after they leave the government, members of the plan's oversight board have approved a million-dollar-plus study of new investment options, including mutual funds that focus on real estate, emerging markets and socially responsible companies.
November 17, 2014 -
Cold temperatures have arrived and with them, the season to think about holiday plans. But you should also start thinking about your investment strategies for 2015 and beyond. Art Stein is a certified financial planner and investment manager. He has long experience with federal employees and their particular concerns. Stein joined Tom Temin on the Federal Drive with some advice for dealing with the Thrift Savings Plan and other matters.
November 13, 2014 -
Turbo-charged customer service and some more customized services may be available to Thrift Savings Plan investors in the future. Greg Long, the executive director of the TSP, says the TSP may provide these services -- since they see participants taking all their money out of their accounts when they retire. Federal News Radio Reporter Emily Kopp tells In Depth with Francis Rose what Greg Long is most worried about.
November 06, 2014 -
Young feds are too passive; older feds too hasty with their retirement savings, according to Greg Long, executive director of the Federal Retirement Thrift Investment Board. He spoke at a meeting Wednesday of the Financial Literacy and Education Commission.
November 05, 2014 -
All TSP funds, except for the I fund, posted positive results for the month of October, according to the Federal Retirement Thrift Investment Board.
November 04, 2014