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Federal Retirement Thrift Investment Board
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Each year, thousands of Thrift Savings Plan participants max out their annual contributions too early and miss out on their agency's matching contribution.
November 28, 2017 -
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President Donald Trump has signed legislation allowing federal workers more flexibility in taking withdrawals from their retirement savings.
November 20, 2017 -
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The Senate sent the TSP Modernization Act to the president's desk this week. The bill will give Thrift Savings Plan participants more flexible options for making withdrawals from their accounts.
November 08, 2017 -
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The agency that administers the TSP said it's planning to take additional caution in validating participants' identities in light of the Equifax breach.
October 23, 2017 -
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The agency that administers the Thrift Savings Plan is getting a big budget boost next year to handle a growing number of enrollees, staff and responsibilities.
September 18, 2017 -
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New members who enter military service on or after Jan. 1, 2018 will get automatically enrolled into the new blended retirement system. Previously enlisted service members can choose to opt in to the new system.
September 12, 2017 -
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The Thrift Savings Plan may have received a swift boost in July, but the returns were not nearly as fruitful in August as only two funds returned with an increase in growth
September 04, 2017 -
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House Oversight and Government Reform Committee Ranking Member Elijah Cummings (D-Md.) and Government Operations Subcommittee Chairman Mark Meadows introduced the TSP Modernization Act, which would give participants in the Thrift Savings Plan more options and flexibility to withdraw from their accounts. It's a companion bill to the legislation Sens. Tom Carper (D-Del.) and Rob Portman (R-Ohio.) introduced in April.
June 23, 2017 -
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The Federal Retirement Thrift Investment Board, the agency that administers the Thrift Savings Plan, is also keeping a close eye on 2018 budget process. The board says the proposed changes to the federal retirement system included in the president's budget request could have significant impacts for retirees and how they participate in the TSP.
June 01, 2017 -
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The Federal Retirement Thrift Investment Board is losing its executive director of 10 years. Greg Long announced his resignation during the board's monthly meeting. In the interim, the agency's chief investment officer, Ravindra Deo, will serve as the acting executive director while the board conducts a national search for a new leader.
April 24, 2017 -
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Cybersecurity remains a tough challenge to tackle for Federal Retirement Thrift Investment Board, the agency that administers and oversees the Thrift Savings Plan. Under the Federal Information Security Modernization Act (FISMA), an independent auditor found the board lagging on risk management and access strategies.
February 27, 2017 -
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The Federal Retirement Thrift Investment Board, the agency that facilitates the Thrift Savings Plan, is preparing for two major projects next year. The new blended retirement program for military members and the agency's long term IT modernization plan are the driving factors behind the agency's 17 percent budget increase in 2017.
September 19, 2016 -
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In today's Top Federal Headlines, a new report shows that while some agencies are improving, the federal government still ranks among the worst for customer experience.
September 06, 2016 -
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Two postal reform bills passed the House Oversight and Government Reform committee, although not without opposition or concerns.
July 13, 2016
