TSP
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Federal and postal investors are entitled to feel a little bit smug as they follow what could be a landmark pension management case involving one of the nation's biggest firms. Senior Correspondent Mike Causey says so can the people who set up and run the federal Thrift Savings Plan.
December 16, 2014 -
Now that Congress has passed the Smart Savings Act, the Federal Retirement Thrift Investment Board is programming a new savings default option for those who join the federal government late next year.
December 15, 2014 -
Every Thrift Savings Plan domestic fund showed growth in November, including the troubled I Fund, which had been in the negative for months.
December 01, 2014 -
In a new report on reducing the federal deficit, the Congressional Budget Office suggests that cutting 70,000 government jobs over the next decade and changing the math used for civilian and military pensions could save $100 billion.
November 26, 2014 -
Some new choices may be coming to your Thrift Savings Plan account, but you won't see those choices for a while. First, the TSP board wants to know the best way to offer those choices. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she explained what may become part of your TSP account.
November 18, 2014 -
In a bid to keep more people participating in the Thrift Savings Plan even after they leave the government, members of the plan's oversight board have approved a million-dollar-plus study of new investment options, including mutual funds that focus on real estate, emerging markets and socially responsible companies.
November 17, 2014 -
Cold temperatures have arrived and with them, the season to think about holiday plans. But you should also start thinking about your investment strategies for 2015 and beyond. Art Stein is a certified financial planner and investment manager. He has long experience with federal employees and their particular concerns. Stein joined Tom Temin on the Federal Drive with some advice for dealing with the Thrift Savings Plan and other matters.
November 13, 2014 -
Turbo-charged customer service and some more customized services may be available to Thrift Savings Plan investors in the future. Greg Long, the executive director of the TSP, says the TSP may provide these services -- since they see participants taking all their money out of their accounts when they retire. Federal News Radio Reporter Emily Kopp tells In Depth with Francis Rose what Greg Long is most worried about.
November 06, 2014 -
Young feds are too passive; older feds too hasty with their retirement savings, according to Greg Long, executive director of the Federal Retirement Thrift Investment Board. He spoke at a meeting Wednesday of the Financial Literacy and Education Commission.
November 05, 2014 -
All TSP funds, except for the I fund, posted positive results for the month of October, according to the Federal Retirement Thrift Investment Board.
November 04, 2014 -
Larry Fink, chief executive officer of BlackRock, spoke at a meeting Monday of the Federal Retirement Thrift Investment Board, which administers the Thrift Savings Plan.
October 29, 2014 -
A huge pile of investment capital -- $420 billion-plus and growing daily -- is begging to be rescued by a private sector suitor, says Senior Correspondent Mike Causey. The money is 4.6 million Thrift Savings Plan accounts held by current, retired or former federal and postal workers and military personnel.
October 03, 2014 -
Federal workers are pretty savvy about investing for retirement, says Senior Correspondent Mike Causey. The Thrift Savings Plan now has more than 4.6 million account holders and is worth more than $420 billion.
October 02, 2014 -
A new menu of services is under consideration for participants in the Thrift Savings Plan. The TSP now has the results from a survey (and focus groups) to help them understand why people who leave government take all their money out of their accounts. Kim Weaver is director of external affairs for the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she explained who the TSP surveyed and why they asked.
October 01, 2014 -
After rebounding in August, nearly all of the federal Thrift Savings Fund accounts posted negative numbers at the end of September. Despite this one-month dip, year-to-date percentages remain positive.
October 01, 2014