How do you legally become a millionaire on the side using just your government paycheck? A reader gives Senior Correspondent Mike Causey the lowdown.
Federal employees who invest in the Thrift Savings Plan withdraw more than $9 billion annually from the government retirement fund, due in part to its strict rules on withdrawals. Now two senators have introduced a bill to relax those TSP restrictions.
A certain catchphrase of the late, great comedian Rodney Dangerfield is applicable to the Thrift Saving Plan's always-safe G fund, says Senior Correspondent Mike Causey.
More than 10,000 federal workers and retirees now have Thrift Savings Plan accounts worth over $1 million, says Senior Correspondent Mike Causey.
Instead of trying to guess what the market for retirement is going to do based on emotion, take a second-grader's approach, says Mike Causey.
The Thrift Savings Plan continues to show positive returns in February, with every fund posting in the black, and all but two improving over January's numbers.
Senior Correspondent Mike Causey wonders whether the media should soft-pedal news about the financial success of rank-and-file federal civil servants as investors.
Senior Correspondent Mike Causey says low TSP fees may actually save federal workers money in the long run.
Randy Silvey, president of Silverlight Financial, argues that federal employees are at a disadvantage compared to non-federal employees when it comes to having full control over their retirement money.
2016 was a good year for fed workers investing in TSP, despite ups and downs in the market. Senior Correspondent Mike Causey digs deeper into what's coming up next.
The Thrift Savings Plan began 2017 on a strong note, posting across-the-board positive returns, and continued its momentum from the end of 2016.
Lots of people wait for sales to buy things. But Senior Correspondent Mike Causey says sales panic lots of federal workers while they are building their retirement nest egg.
Financial planner Arthur Stein joins host Mike Causey on this week's Your Turn to discuss TSP investment strategies to help you build your retirement nest egg. January 25, 2017
If one of your New Year's resolutions is to improve your financial picture, Senior Correspondent Mike Causey says federal workers should start with their Thrift Savings Plan.
The Thrift Savings Plan ended 2016 on a strong note, posting both positive monthly numbers and high yearly numbers.