Sean McCaffrey

  • Majority of TSP participants staying the course through coronavirus market volatility

    The Thrift Savings Plan has been functioning normally during the pandemic, in large part due to the Federal Retirement Thrift Investment Board’s efforts to move some 80% of its contractor workforce to telework in three weeks.

  • New lifecycle funds coming to the TSP this summer, hopefully

    The Thrift Savings Plan is scheduled to implement a series of new lifecycle funds later this summer, if the coronavirus pandemic doesn’t derail the scheduled rollout.

  • Additional Lifecycle funds coming to TSP next year

    Thrift Savings Plan participants will soon have access to additional lifecycle funds that will more closely align to their specific retirement dates.

  • TSP board to move L fund to 5-year increments

    The Federal Retirement Thrift Investment Board, the agency that administers the Thrift Savings Plan, is also keeping a close eye on 2018 budget process. The board says the proposed changes to the federal retirement system included in the president’s budget request could have significant impacts for retirees and how they participate in the TSP.