TSP
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The Thrift Savings Plan starts processing transactions on Wednesday after the U.S. markets were closed for the past two days due to Post-tropical Cyclone Sandy.
October 31, 2012 -
Federal employees can contribute a maximum of $17,500 annually to their Thrift Savings Plan next year — up from the $17,000 limit this year, according to the IRS.
October 24, 2012 -
The Federal Retirement Thrift Investment Board, which manages the TSP, is mulling whether to add a new option to federal employees' (401)k-style retirement plan: a mutual fund window. The mutual fund window would allow participants to move investments out of the TSP funds they've invested in and into a private-sector suite of mutual funds. However, the board is still studying the issue, Kim Weaver, the director of external affairs for the Federal Retirement Thrift Investment Board, told In Depth with Francis Rose. No changes are imminent.
October 23, 2012 -
What does the curse of the Mayan calendar, the threat of sequestration and the always jittery stock market have to do with your TSP account balance? Maybe nothing, maybe a lot. Dust off your crystal ball and buckle up, Senior Correspondent Mike Causey says.
October 22, 2012 -
As of Monday, active-duty members of the Army, Navy and Air Force can now participate in the Roth Thrift Savings Plan option.
October 02, 2012 -
For the second month in a row, performance in all 10 of the Thrift Savings Plan funds posted positive returns, with double-digit gains in many of the funds year-to-date.
October 01, 2012 -
The Federal Retirement Thrift Investment Board — which manages federal employees' Thrift Savings Plan accounts — approved a 19 percent budget increase for the coming year, allowing it to fund new cybersecurity and hiring initiatives. The $170.5 million budget, which is more than $27 million above 2012 levels, was agreed to following a "rigorous review," the board's director of external affairs, Kim Weaver, told In Depth with Francis Rose.
September 25, 2012 -
NARFE Director of Benefit Services David Snell and Steve Watkins and Sean Reilly of the Federal Times will talk about issues that could affect your retirement. September 19, 2012
September 19, 2012 -
Returns for the Thrift Savings Plan continued their steady upward climb last month, with all funds posting in positive territory for the month of August, according to new data from the Federal Retirement Thrift Investment Board.
September 05, 2012 -
Kim Weaver, director of the Federal Retirement Thrift Investment Board, told In Depth with Francis Rose feds will soon be able to access videos online explaining some of the more complicated aspects of their Thrift Savings Plan accounts.
August 29, 2012 -
Returns for most of the basic Thrift Savings Plan basic funds continued inching up in July, with only the S Fund, pegged to stocks of small and medium-sized U.S. companies, dipping into the red for the month.
August 01, 2012 -
The contract includes "very stringent" IT security requirements. The announcement follows a data breach that affected 123,000 TSP participants in 2011.
August 01, 2012 -
The House voted 263-116 to approve the Federal Employee Tax Accountability Act and send it to the Senate. The measure would make those are who are seriously delinquent ineligible for federal employment, whether they're working for the government now or are applying for a job. The House will also vote on final passage of a bill Wednesday to curb misuse of government charge cards.
July 31, 2012 -
Remember the recent cyber attack on more than 100,000 Thrift Savings Plan participants? It's been out of the headlines lately, but lawmakers haven't forgotten about it.
July 31, 2012 -
The Government Accountability Office compared an existing socially responsible investment stock index to the stock portfolio of the federal Thift Savings Plan and discovered several barriers existed for feds hoping to adopt a more socially conscious approach to their retirement planning.
July 27, 2012