President Donald Trump has signed legislation allowing federal workers more flexibility in taking withdrawals from their retirement savings.
Sen. Orrin Hatch has dropped an amendment to a tax reform initiative restricting federal employees from making extra contributions to the retirement savings plans.
Senior Correspondent Mike Causey says 90 percent of the federal workforce will be hit hard if the GOP plan to trim contributions to 401(k) plans becomes law.
Senior Correspondent Mike Causey says TSP millionaires all did the same thing: invest regularly, don’t panic when the market hiccups and stay the course.
The Thrift Savings Plan saw all but one of its funds show significant improvement in September, and recovered from a late-summer downturn.
In today’s Federal Newscast, a Government Accountability Office report says the Navy’s shipyards are in such bad shape they can no longer meet the service’s operational needs.
Senior correspondent Mike Causey wants to know what, if any, of the currently proposed retirement changes will go into effect, and when.
Senior Correspondent Mike Causey says feds still have time — retirement changes aren’t set in stone (or legislation) yet.
The Thrift Savings Plan may have received a swift boost in July, but the returns were not nearly as fruitful in August as only two funds returned with an increase in growth
The number of millionaire federal employees is growing rapidly. But Senior Correspondent Mike Causey notes they earned their wealth by saving and smartly investing their money over a number of decades.