After two months of posting negative returns, the Thrift Savings Plan funds all posted positive numbers for the month of October.
The Federal Retirement Thrift Investment Board approved changes in how the TSP allocates investments in its lifecycle funds.
Just weeks after new federal employees began placing their retirement savings into Lifecycle Funds by default, the board that governs the plans is considering changing how it allocates investments in the funds. Kim Weaver, director of external affairs at the Federal Retirement Thrift Investment Board, the panel that oversees the TSP, talked to In Depth with Francis Rose about the L funds, and some of the changes the board is looking at.
The limit to how much federal employees can contribute to their Thrift Savings Plan will remain at the same level for Fiscal Year 2016, according to the Internal Revenue Service.
If the boss offered you a tax-deferred, 5 percent pay raise, would you take it? Senior Correspondent Mike Causey says a lot of government workers say no.
You’ve got a federal Thrift Savings Plan account. The market tanks. What should you do? Senior correspondent Mike Causey says often the best thing to do is nothing.
Retirement, benefits and pay were hot topics discussed by Chief of Naval Personnel Vice Adm. Bill Moran this week while speaking on the Navy’s All Hands Radio podcast.
All but two of the Thrift Savings Plan funds posted negative numbers for September, according to monthly statistics released by the Federal Retirement Investment Board.
Changes to the Thrift Savings Plan’s G Fund appear to be off the table now as Congress tries to figure out a solution to its fiscal 2016 budget problem. But that doesn’t mean you should stop thinking about how changes to your retirement plans might affect you. Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, joined In Depth with Francis Rose to offer her insight.
Federal agencies that have been waiting for somebody else to take the phased retirement plunge can relax. The Environmental Protection Agency told employees yesterday that a phased retirement program is now available for most eligible EPA employees.