When the Federal Retirement Thrift Investment Board rolled out a new system for managing the TSP back in 2022, it didn’t go well. Account holders encountered a web site that barely functioned and long wait times for help.…
August 8, 2024
The end of July isn’t the end of summer. But the leaves are dryer and the cicadas louder. That means autumn, and time to think about end-of-year retirement planning. Tom Temin get some tips from…
July 31, 2024
The Thrift Savings Plan’s mutual fund window remains under the microscope of the House Appropriations Committee. A policy rider in fiscal 2025 spending legislation aims to ban any TSP investments based on environmental, social or governance…
July 17, 2024
A million dollars isn’t what it used to be. Nearly 24 million Americans have at least $1 million of net worth. Still, financial people often say so-called middle class people, like government employees, you need…
June 26, 2024
It’s been revoked for years, but Schedule F is still on the minds of many federal employees, especially as the nation nears a presidential election with former President Trump on the ballot. The Schedule F executive order…
June 13, 2024
It’s been revoked for years, but Schedule F is still on the minds of many federal employees, especially as the nation nears a presidential election with former President Trump on the ballot. The Schedule F executive order…
May 30, 2024
For a certain portion of the federal retiree population, and some others from non-federal government, one of the most frustrating features of Social Security is what they don’t get. The Windfall Elimination Provision and the…
May 16, 2024
The government might employ some two million people. But no two federal employees are alike. That’s why career and retirement planning can be complicated. For instance, what if you’re old enough to retire but have…
May 8, 2024
Thrift Savings Plan participants than ever are contributing at least 5% of their pay to their TSP accounts. The Federal Retirement Thrift Investment Board always encourages more contributions, for stronger retirement savings. The board also got an…
May 8, 2024
It’s been a year since the Biden administration first called for agencies to ramp up in-person work. Now after coming back to their offices, many federal employees are asking, “why are we here”? Well, we asked too.…
April 25, 2024
The Windfall Elimination Provision and Government Pension Offset have both been around for decades. The two provisions reduce and sometimes eliminate Social Security benefits for some federal retirees. But just in the last few months, a bill to…
April 17, 2024
The Thrift Savings Plan has been showing strong returns. And the Federal Retirement Thrift Investment Board has been making some updates and monitoring enrollment levels. Federal News Network’s Drew Friedman went over all of it with…
April 4, 2024
With the era of near-zero inflation over, retirement planning has taken on some new urgency. Simply because a fixed income and rising prices don’t make a good combination. Here with some of the latest thinking,…
March 29, 2024
The Biden administration has opened the bid for next year’s federal pay raise. And it may not be met with a whole lot of enthusiasm. If enacted, feds would receive a 2% raise in 2025.…
March 20, 2024