Federal Retirement Thrift Investment Board
-
Another member of Congress has introduced legislation that would give federal employees the option to take a penalty-free hardship withdrawal from their Thrift Savings Plan during government shutdowns. Meanwhile, the TSP is also still struggling to improve its cybersecurity posture.
February 25, 2019 -
Participants in the Thrift Savings Plan can officially borrow from their own retirement accounts during future government shutdowns.
February 07, 2019 -
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.
February 07, 2019 -
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.
January 30, 2019 -
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.
January 29, 2019 -
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.
November 27, 2018 -
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.
October 30, 2018 -
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.
October 23, 2018 -
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.
October 02, 2018 -
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.
October 02, 2018 -
Federal employees considering retirement or leaving federal service can learn more from Thrift Savings Plan expert during a training seminar next week.
September 28, 2018 -
During the Great Recession in 2008, thousands of TSP investors pulled money out of the stock market C, S and I funds and put it in the G fund.
September 25, 2018 -
In today's Federal Newscast, the State Department said the breach potentially exposed the personally identifiable information of about 1 percent of its employees.
September 20, 2018 -
The Federal Retirement Thrift Investment Board, the agency that administers the Thrift Savings Plan, said it will begin a 15-year plan to add more stock holdings to some participants' investments in the lifecycle funds.
September 19, 2018 -
The Federal Retirement Thrift Investment Board, the agency that administers the TSP, is planning a series of sweeping changes to withdrawal rules and installment payments for participants by September 2019.
May 30, 2018