FRTIB will update its platform interface, add new services and introduce a mobile app, requiring a pause in investment changes for TSP participants.
By later this year, TSP investors could have as many as 5,000 new investment options. So what next?
The age requirement for starting TSP retirement distribution would increase under the Securing a Strong Retirement Act
TSP participation rates for the Federal Employees Retirement System and active duty uniformed services were at all-time highs in January: 94.9% and 81.3%, respectively.
The launch of those systems completes the 15-month Financial Systems Modernization project for the Federal Retirement Thrift Investment Board.
When federal employees leave government, one in three investors in the Thrift Savings Plan move their money out of Uncle Sam’s 401k plan for a variety of reasons.
The Thrift Savings Plan will roll out a suite of new security tools and digital features, including a mobile app, mutual fund window and online customer service options, for participants next summer. Here's a preview of what to expect.
A growing number of savvy feds are and have been rolling outside money into the TSP at an impressive and growing scale.
In today's Federal Newscast, the TSP is rolling out some new services for participants next summer.
A group of Senate Democrats says the Thrift Savings Plan should do more to give participants an opportunity to invest in funds by racially, ethnically and gender diverse asset managers. They're also seeking more information about the TSP's upcoming mutual fund window planned for next year.
About 89% of participants said they're satisfied with the Thrift Savings Plan in 2021, a 2% bump over last year. The TSP attributes the slight increase to improved satisfaction among military members in the blended retirement system.
Are you saving enough for retirement? Maybe the question nags at you; maybe you wish you thought about it more.
In today's Federal Newscast, the Navy surgeon general says he favor a vaccine mandate for military members.
In today's Federal Newscast, the Treasury Department is temporarily suspending investments in the Thrift Savings Plan's G fund to prevent the government from defaulting on debt.
The agency that manages the Thrift Savings Plan is fielding a growing number of concerns about the financial risks of climate change.