Thrift Savings Plan
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How do you go from being a janitor at the Veterans Affairs Department to one of the growing number of millionaires in Uncle Sam's TSP 401(k) plan club?
January 26, 2018 -
In a dramatic turn of events, one of the Thrift Savings Plan's lowest-performing funds in 2016 posted the highest return of 2017.
January 02, 2018 -
The secret to becoming a TSP millionaire, according to somebody who did it, is to invest in TSP through good and bad and keep at it for 28 years. Pay yourself first.
January 02, 2018 -
The Treasury Department will have to take extraordinary measures, which may include borrowing from the Thrift Savings Plan's G fund, for the next few months in order to keep the federal government from defaulting on its debts.
December 12, 2017 -
The Thrift Savings Plan generally saw slightly better returns for most of its funds, in November, although that wasn't the case for everyone.
December 01, 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 -
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 -
While none of the funds dipped far enough to post negative returns, only three funds showed growth since September.
November 01, 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 -
In today's Federal Newscast, a bill to let Thrift Savings Plan participants make more withdrawals from the TSP passes the House and heads to the Senate.
October 12, 2017 -
The congressional budget resolution is long, complicated and could impact your federal retirement. Federal News Radio explains how the resolution process works and how it could impact you.
October 11, 2017 -
The House will likely pass a budget resolution that would reform civil service pensions to reduce the federal deficit by $32 billion over 10 years.
October 04, 2017 -
The Thrift Savings Plan saw all but one of its funds show significant improvement in September, and recovered from a late-summer downturn.
October 02, 2017 -
Senior correspondent Mike Causey wants to know what, if any, of the currently proposed retirement changes will go into effect, and when.
September 13, 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