Thrift Savings Plan
-
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.
July 03, 2017 -
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.
June 26, 2017 -
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.
June 23, 2017 -
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?
June 21, 2017 -
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.
May 01, 2017 -
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.
May 01, 2017 -
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.
April 24, 2017 -
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.
April 13, 2017 -
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.
April 12, 2017 -
How do you legally become a millionaire on the side using just your government paycheck? A reader gives Senior Correspondent Mike Causey the lowdown.
April 10, 2017 -
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.
April 07, 2017 -
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.
April 05, 2017 -
More than 10,000 federal workers and retirees now have Thrift Savings Plan accounts worth over $1 million, says Senior Correspondent Mike Causey.
March 27, 2017 -
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.
March 22, 2017 -
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.
March 01, 2017