Federal Retirement Thrift Investment Board
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Less than half of Thrift Savings Plan participants know how much they'll need to live comfortably in retirement, according to a recent survey.
June 07, 2021 -
President Joe Biden wants the Labor Department to initiate a review of climate-related financial risks on federal employees and their retirement savings, while Congress again wants the Thrift Savings Plan to divest from Chinese companies.
June 02, 2021 -
The number of active and retired feds with $1 million or more in their Thrift Savings Plan accounts has jumped to a record 84,808 as of March 31 of this year.
April 08, 2021 -
It's a stretch to say Thrift Savings Plan participants are over the G fund, but the array of lifecycle options are picking up popularity for several reasons.
March 29, 2021 -
In today's Federal Newscast, officials at the Justice Department are sending a warning to government contractors, they will be turning up the False Claims heat on cybersecurity fraud.
February 24, 2021 -
The Thrift Savings Plan had a banner year in 2020, all while participants withdrew nearly $3 billion from the plan due to the ongoing COVID-19 pandemic.
February 01, 2021 -
In today's Federal Newscast, the Thrift Savings Plan crosses the $700-billion threshold for the first time ever.
January 27, 2021 -
The Thrift Savings Plan will start quietly nudging new participants to contribute more of their income toward their retirements -- by doing it for them.
September 21, 2020 -
The board that oversees the Thrift Savings Plan will have a few new members in the coming weeks and months. They'll eventually pick up the debate over the international fund -- and whether to throw China in the mix.
September 14, 2020 -
A new survey of 5,000 participants found 87% are happy with the Thrift Savings Plan, a slight dip from 2017, the last year the Federal Retirement Thrift Investment Board collected feedback from its members.
August 24, 2020 -
In today's Federal Newscast, AFGE wants to add a provision in the 2021 defense authorization bill that will protect DoD workers’ bargaining rights.
June 08, 2020 -
Rep. Gerry Connolly (D-Va.) accused the Trump administration of politicizing the Federal Retirement Thrift Investment Board, which recently deferred plans to move the international fund to a new, China-inclusive index.
June 01, 2020 -
What a week for the Thrift Savings Plan. The TSP offered more details on how its participants can take loans and withdrawals during the coronavirus pandemic, and the international fund faces a different fate.
May 18, 2020 -
In today's Federal Newscast, patient capacity at Veterans Affairs medical facilities is up within the last month.
May 14, 2020 -
In a unanimous decision Wednesday morning, the Federal Retirement Thrift Investment Board voted to defer the implementation of a new, China-inclusive index for the international fund. The board members cited ongoing economic uncertainty from the coronavirus, as well as the president's three new nominees to FRTIB, as reasons for their decision.
May 13, 2020