Like many saving for retirement, lots of federal-military investors in the Thrift Savings Plan don’t like what they are seeing, reading, hearing and feeling about 2018’s roller coaster stock market.
Thrift Savings Plan data released on Monday show most November returns taking a u-turn from previous month’s red levels.
If you are associated with the government there are a couple of ways to become a millionaire — legally: Buy a lottery ticket or max out in the Thrift Savings Plan.
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
Last week’s $1.3 trillion “paper” loss gave a lot of people the jitters, but this is not an unusual amount of volatility.
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.
Thrift Savings Plan performance was down again in September, with only one fund seeing a positive change month over month.
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.
The C Fund of the Thrift Savings Plan tracks the U.S. stock market’s 500 largest publicly traded funds. The S Fund tracks the remaining 4,500 so-called small caps, although many are far from small.
Thanks to their Civil Service Retirement System and Federal Employees Retirement System annuities, most federal-postal workers are in good shape compared to many of their private sector counterparts.