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.
In a major reversal of fortune, every Thrift Savings Plan fund, with the exception of the low-risk low-reward G fund, posted negative returns in October.
Two postal reform bills passed the House Oversight and Government Reform committee, although not without opposition or concerns.
The TSP has almost 3,300 people with account balances of $1 million or more. There are 418 regular rank-and-file feds who have million dollar accounts by steadily investing since the TSP was launched in the late 1980s.
Four training regimens between now and 2018 are meant to communicate the impacts of the new retirement system at all levels of the military.
Three proposals hiding in the fiscal 2017 budget plan House Republicans submitted last week could potentially impact federal employees' pay and retirement benefits in the future.
Military personnel leaders worry enlisted members will suffer under new retirement plan, given paycheck-to-paycheck earning levels in first few years of their careers.
Fewer federal employees made hardship withdrawals from their Thrift Savings Plan accounts in 2015 compared to the previous year. But more feds took age-based withdrawals from the TSP last year.