Federal Retirement Thrift Investment Board
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At its monthly meeting on Monday, the Federal Retirement Thrift Investment Board made two decisions that could have a big impact for federal employees participating in the Thrift Savings Plan.
July 28, 2015 -
The Senate is working on a long-term highway spending bill that taps billions of dollars from the Thrift Savings Plan to help pay for it. House budget writers say the G-fund is just too good of a deal and they want to base the fund's interest rate on a three month average instead of the current four-year average. Kim Weaver of the Federal Retirement Thrift Investment Board says that would make the G-fund virtually worthless for TSP participants. Jessica Klement is legislative director of the National Active and Retired Federal Employees Association. She tells In Depth with Francis Rose that NARFE wants Congress to come up with another solution.
July 21, 2015 -
Only three of the 10 funds in the Thrift Savings Plan posted positive returns for the month of March.
April 01, 2015 -
A hidden proposal in the new budget resolution the House of Representatives is about to pass would change the way the G-Fund in the Thrift Savings Plan bears interest. The idea is to save the government money by paying less into the fund. But that means participants would receive less money out of the fund. Kim Weaver, director of external affairs for the Federal Retirement Thrift Investment Board, tells In Depth with Francis Rose, about the details behind the proposal and why it could be a big headache.
March 24, 2015 -
All but one Thrift Savings Plan fund made steady progress last month. The fixed income F Fund lost 0.91 percent.
March 02, 2015 -
More of your colleagues than ever invest for retirement in the Thrift Savings Plan. 88 percent of FERS employees across government save in TSP accounts. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she told what the TSP thinks that number means.
February 24, 2015 -
A snowstorm forced the Federal Retirement Thrift Investment Board to close down one of its call centers on the busiest call day of the year.
February 23, 2015 -
The Federal Retirement Thrift Investment Board issued a request for proposal for the Thrift Savings Plan's Common Stock Fund.
February 12, 2015 -
The Federal Retirement Thrift Investment Board estimates nearly $10 billion will leave the Thrift Savings Plan this year. The Board will consider offering investment advice because they think some of the money is leaving at the advice of outside financial planners. Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, tells In Depth with Francis Rose why some of those "free" investment planning seminars might have a hidden agenda.
December 12, 2014 -
Congress has passed a bill that will automatically enroll new federal employees in the Thrift Savings Plan's Lifecycle Funds (L Funds), rather than the Government Securities Investment Fund (G Fund).
December 12, 2014 -
Some new choices may be coming to your Thrift Savings Plan account, but you won't see those choices for a while. First, the TSP board wants to know the best way to offer those choices. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she explained what may become part of your TSP account.
November 18, 2014 -
Young feds are too passive; older feds too hasty with their retirement savings, according to Greg Long, executive director of the Federal Retirement Thrift Investment Board. He spoke at a meeting Wednesday of the Financial Literacy and Education Commission.
November 05, 2014 -
A very experienced investment expert thinks you're in good shape, retirement-wise. Kim Weaver is Director of the Office of External Affairs at the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she talked about the Wall Street executive that thinks between the TSP and your pension, you're in pretty nice shape.
October 29, 2014 -
Larry Fink, chief executive officer of BlackRock, spoke at a meeting Monday of the Federal Retirement Thrift Investment Board, which administers the Thrift Savings Plan.
October 29, 2014 -
A new menu of services is under consideration for participants in the Thrift Savings Plan. The TSP now has the results from a survey (and focus groups) to help them understand why people who leave government take all their money out of their accounts. Kim Weaver is director of external affairs for the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she explained who the TSP surveyed and why they asked.
October 01, 2014