TSP Update from the Experts

April 17, 2023 on ForYourBenefit, host Bob Leins, CPA® and co-host Tammy Flanagan, Senior Benefits Director at NITP, Inc., welcome Kim Weaver, Director, External Affairs, Federal Retirement Thrift Investment Board.
Today’s discussion will focus on answering the following questions:

The TSP changed recordkeepers last June. What did participants get from the transition?

SECURE 2.0 became law at the end of 2022 and made a number of changes that apply to the TSP. What are they and when are they going to be implemented?

Stats! How many participants receive the 5% match? How many millionaires? Average account balances?

What were the administrative expenses for 2022?