TSP
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So, you're reaping the benefits of your Thrift Savings Plan? Senior Correspondent Mike Causey says you still may be missing out on a host of other federal benefits that are available to you.
August 21, 2014 -
Are you a $1 million baby? Senior Correspondent Mike Causey says you can be if, like some other feds, you make the most out of your Thrift Savings Plan.
August 20, 2014 -
Want to have a $1 million-plus nest egg to play with when you retire? Senior Correspondent Mike Causey says any fed can do it with common sense, hard work and time.
August 19, 2014 -
Unless you're financially well-off, you need to get to know your Thrift Savings Plan. It may be responsible for one-third to one-half of the income you receive in your retirement, says Senior Correspondent Mike Causey.
August 14, 2014 -
Got the shakes about your nest egg? The one that's supposed to provide one-third to one-half of your total retirement income? Are you feeling a little nervous? asks Senior Correspondent Mike Causey.
August 05, 2014 -
Outside of the "never has a bad day" G Fund, the Thrift Savings Plan saw across the board losses in July. However, year-to-date, each of the funds remains in the positive.
August 01, 2014 -
Two years after launching the Roth option for the Thrift Savings Plan, the Federal Retirement Thrift Investment Board (FRTIB) has seen Roth TSP enrollment rise to 8 percent.
July 31, 2014 -
The Thrift Savings Plan Board is checking up on the quality of the information you get when you call and ask the TSP for help. The July board meeting wasn't in Washington like it usually is; the board took a field trip this month. Kim Weaver, director of external affairs at the Federal Retirement Thrift Investment Board, tells In Depth with Francis Rose the field trip was a learning experience.
July 30, 2014 -
The Smart Savings Act would make the Lifecycle Funds the default investment option in the Thrift Savings Plan for new federal employees.
July 15, 2014 -
While federal employees gave high marks on usefulness and importance to the Thrift Savings Plan, only a small percentage said they had flexible spending accounts because they saw little value in the program. The results are part of a survey that OPM has been doing since 2004 to gauge worker opinions on the health and wellness benefits it offers.
July 10, 2014 -
The Thrift Savings Plan continued a summer winning streak through June, with all funds in federal employees' 401(k)-style retirement accounts finishing out the month in positive territory, according to new data from the Federal Retirement Thrift Investment Board. It's the second month in a row all funds have finished in the black.
July 01, 2014 -
Financial advisor Arthur Stein will answer your calls and emails about the TSP, and CBS MoneyWatch Columnist Allan Roth discusses what you can do to maximize your TSP investments. June 25, 2014
June 25, 2014 -
Boosted by a recovering economy and a booming Wall Street, assets in the Thrift Savings Plan have continued to climb. Since reaching $400 billion in February — the highest amount ever recorded — assets under TSP management grew to more than $412 billion by the end of last month. But as total assets have increased, so have calls to tweak the program that's provided federal employees with 401(k)-style retirement accounts since 1987. Still, the TSP has consistently resisted calls to modify its simplified, tried-and-true structure.
June 23, 2014 -
For only the second time this year, all of the funds in the Thrift Savings Plan finished the month in positive territory, according to new data from the Federal Retirement Thrift Investment Board. It was the strongest month for the TSP — and Wall Street — since February
June 02, 2014 -
The way to make money in the stock market is to buy when share prices are down and sell when they go up. Yet most people do just the opposite, Senior Correspondent Mike Causey says. Are you a closet market-timer?
May 30, 2014