Federal Retirement Thrift Investment Board
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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 -
About 20,000 new opt-ins to the blended retirement system aren't taking full advantage of the Thrift Savings Plan and its benefits.
April 23, 2018 -
A powerful wind storm earlier this month knocked out power at the Thrift Savings Plan's data center, which left participants without a way to contact the agency for several hours March 2.
March 26, 2018 -
For the first time, total assets in the Thrift Savings Plan's C fund matched total assets in the G fund.
March 02, 2018 -
In today's Federal Newscast, a new report from the Office of Management and Budget weighs the costs and benefits of federal regulations.
February 27, 2018 -
Nearly 120,000 callers spent 5 minutes or longer waiting for a Thrift Savings Plan call representative to pick up the phone last month, a metric that's well short of the TSP agency's customer service goals.
February 26, 2018 -
Senior Correspondent Mike Causey says the G fund becomes a political football each time Congress debates raising the debt ceiling, and that makes many investors nervous.
December 14, 2017 -
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 -
President Donald Trump has signed legislation allowing federal workers more flexibility in taking withdrawals from their retirement savings.
November 20, 2017 -
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 -
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 -
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 -
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 -
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 -
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