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.
The CSRS and FERS programs are considered the jewel in the crown of federal civil service benefits but the Trump administration wants to cut costs in the giant federal retirement program by totally eliminating future COLAs for FERS retirees. NARFE’s Jessica Klement and John Hatton join host Mike Causey on this week’s Your Turn to discuss what the organization is doing to protect all federal benefits, including the retirement plan. September 18, 2018
The Trump administration wants to cut costs in the giant federal retirement program by totally eliminating future COLAs for FERS retirees. If it becomes law the 2019 COLA would be the last.
Financial planner Arthur Stein said investors who stuck with the stock market during the Great Recession and the rebound that followed have seen their account balances soar.
Financial planner Arthur Stein joins host Mike Causey on this week’s Your Turn to talk about bull and bear markets, and explain why playing it “safe” can actually be dangerous to your long-term financial health.