FRTIB

In today’s Federal Newscast, TIGTA found the IRS doesn’t always follow its own procedures for reviewing and adjudicating cases of missed filings or under-reported income.

Two new bills that would keep federal employee insurance programs in tact during future government shutdowns has bipartisan, bicameral support.

In today’s Federal Newscast, up to $1 billion from DoD is now available to help support the Homeland Security Department’s drug enforcement efforts at the southern border.

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.

Participants in the Thrift Savings Plan can officially borrow from their own retirement accounts during future government shutdowns.

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.

Despite what seemed like shutdown withdrawal fever, January 2019 produced steady growth in Thrift Savings Plan returns

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.

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.

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.