Participants in the Thrift Savings Plan can officially borrow from their own retirement accounts during future government shutdowns.
In today’s Federal Newscast, the Federal Retirement Thrift Investment Board issues a new interim rule allowing participants in the Thrift Savings Plan to take a loan while in non-pay status.
Despite what seemed like shutdown withdrawal fever, January 2019 produced steady growth in Thrift Savings Plan returns
In today’s Federal Newscast, Senate Democrats have brought forth a companion to a new bill from House Democratic leaders, which calls for giving civilian federal employees a 2.6 percent pay raise.
The agency that administers the Thrift Savings Plan said there may be a legislative movement building in Congress to allow federal employees more flexibility to tap into their TSP accounts with fewer penalties during future government shutdowns.
The Federal Retirement Thrift Investment Board, the agency that administers the TSP, is also designing new forms that will help walk participants through the coming changes to their withdrawal options.
In today’s Federal Newscast, the U.S. Postal Service’s Inspector General revealed the agency only saved $91 million in 2016 and 2017 after consolidating more than 200 facilities, well below it’s goal.
In today’s Federal Newscast, 35 states and 136 different groups express interest in hosting the new locations for the Agriculture Department’s Economic Research Service and the National Institute of Food and Agriculture bureaus.
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.
President Donald Trump’s pick to run the Social Security Administration says he’ll take a top-to-bottom look at the agency’s five-year IT modernization plan, and will reexamine its growing disability backlog.