Do you wish you could switch retirement plans with some of the younger or older people in your office. If so don’t worry about it. It’s probably safe to say that many if not most feds under the old Civil Service Retirement System envy their colleagues who are in the Federal Employees Retirement System.
Washington, D.C. area financial planner Arthur Stein joins host Mike Causey on this week’s Your Turn discuss how volatility in the U.S. stock market is affecting federal workers’ TSP accounts, and whether feds should head for the ‘safety’ of the Treasury securities fund, or stay the course. October 17, 2018
True or false? Work beyond age 70 and you no longer have to pay FICA or Social Security taxes.
Last week’s $1.3 trillion “paper” loss gave a lot of people the jitters, but this is not an unusual amount of volatility.
The U.S. stock market was down 4.21 percent last week or about $1.3 trillion. If you are invested in the Thrift Savings Plan’s C and S funds, that means you, too.
Last week a reader who plans to retire in 2022 asked for some TSP investing help so we passed the buck to you for the wisdom of the crowd. Here’s what you advised.
The number of feds who have account balances ranging from $750,000 to $999,000 rose between 2016 and this year. Now the largest balance is more than $6 million.
When it comes to investment strategies, many Thrift Savings Plan participants have a plan. But one Causey reader needs your help.
The agency that administers the Thrift Savings Plan is planning to implement new withdrawal options for its participants by next September. Here’s what participants need to know about those options.
Thrift Savings Plan performance was down again in September, with only one fund seeing a positive change month over month.
Federal employees considering retirement or leaving federal service can learn more from Thrift Savings Plan expert during a training seminar next week.
During the Great Recession in 2008, thousands of TSP investors pulled money out of the stock market C, S and I funds and put it in the G fund.
In today’s Federal Newscast, the State Department said the breach potentially exposed the personally identifiable information of about 1 percent of its employees.
The Federal Retirement Thrift Investment Board, the agency that administers the Thrift Savings Plan, said it will begin a 15-year plan to add more stock holdings to some participants’ investments in the lifecycle funds.