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
A new Congressional Budget Office study reviews a variety of possible options for the future of the federal retirement system.
Why do so many federal employees move out of TSP when they retire from the government? What should you do? Find out when benefits expert John Grobe joins host Mike Causey on this week's Your Turn. August 9, 2017
The Securities and Exchange Commission has some advice for federal employees and retirees to protect themselves from future schemes.
This week on “Your Turn," financial planner Arthur Stein tells feds and retirees what, if anything, they should be doing now with their Thrift Savings Plan accounts. August 2, 2017
After a brief downturn earlier this summer, the Thrift Savings Plan rebounded in July, with all of the funds posting positive returns. All of the retirement funds, with the exception of one outlier, also posted higher returns than they had in June.
Thrift Savings Plan returns slowed in the month of June, though only two funds dipped in the red. The S and I funds saw the most significant changes, both positive and negative, in June compared to the previous month's returns.
There are three ways federal investors can join the million-dollar Thrift Savings Plan club. Senior Correspondent Mike Causey says investing steadily produces the most millionaires.
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.
Good news: Stock market is at an all-time high. Bad news: The market is long overdue for a major correction. Senior Correspondent Mike Causey asks, do you have a Plan B for your TSP?
The Thrift Savings Plan rebounded in April from its slight March downturn. Every fund posted positive returns, and most came in higher than the previous month.
Every time federal workers hear about a private company freezing its pension plan, they feel a distinct chill. Senior Correspondent Mike Causey wonders if feds are feeling a little cold these days.
The Federal Retirement Thrift Investment Board is losing its executive director of 10 years. Greg Long announced his resignation during the board's monthly meeting. In the interim, the agency's chief investment officer, Ravindra Deo, will serve as the acting executive director while the board conducts a national search for a new leader.
Government workers and postal employees have only a few legal ways to have Thrift Savings Plan accounts worth more than $1 million. Senior Correspondent Mike Causey shares the details.
Financial planner Arthur Stein offers investment strategies on Your Turn with Mike Causey for just-starting-out feds, people mid-career and those facing retirement or already there.