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
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.
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.
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.
The contract includes "very stringent" IT security requirements. The announcement follows a data breach that affected 123,000 TSP participants in 2011.
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.
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.
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.
Janet Kopenhaver, Washington representative for Federally Employed Women, will talk about the impact of some bills pending in Congress that affect federal employees. July 18, 2012
Federal Times Senior Staff Writer Stephen Losey will give us an update on a new retirement law...and other legislation affecting federal workers. July 11, 2012
All 10 Thrift Savings Plan funds finished the month of June with positive figures, ending a several month slide into the red. The I Fund grew from -11.40 percent in May to 7.08 percent on June 30.
Senior Correspondent Mike Causey once again turns over to longtime reader, Dennis S., who spent a long time with Uncle Sam and a lot of time in the private sector. He says both the government and the private sector have their upsides and downsides. But he thinks its important to appreciate what you've got and live in the moment.
After a two-month delay, all civilian employees at the Defense Department, as well as several other agencies, can now contribute to the recently rolled-out Roth option for their Thrift Savings Plans.
Defense Department employees have had to wait longer than other feds but this week they're getting their chance.
Portions of last week's interview with TSP Executive Director Greg Long about the TSP hack attack will be re-aired this week. Also, Steve Watkins and Sean Reilly from the Federal Times join host Mike Causey to talk about the status of legislation pending in Congress that affects federal workers. June 20, 2012