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On Air: Federal News Network
TSP
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A few things Thrift Savings Plan participants should know about upcoming changes from the SECURE 2.0 Act, aiming to make it easier to save for retirement.
December 14, 2023 -
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Even in today's inflationary times, the word millionaire has a certain cachet. With a little self discipline and the power of compound interest, millionaire status is available to federal employees who make wise use of the Thrift Savings Plan.
December 14, 2023 -
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'Tis the season to be jolly. But don't get too distracted from important priorities, like end-of-year financial planning. For some orientation, the Federal Drive with Tom Temin spoke with Thiago Glieger, a wealth adviser with RMG Advisers of Rockville, Maryland, a firm that specializes in federal employees.
December 07, 2023 -
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After 3 months of mostly negative returns, Thrift Savings Plan funds bounced back with positive returns in November.
December 01, 2023 -
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For Thrift Savings Plan investors, 2023 showed some positive signs. The year also brought some changes to the "I" Fund. For more, Federal News Network's workforce reporter and co-host of the podcast Fed Life, Drew Friedman, talked with certified financial planner Art Stein on the Federal Drive with Tom Temin.
November 29, 2023 -
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Currently, 82% of TSP participants are satisfied with the plan, compared with an 87% satisfaction rate in 2022.
November 27, 2023 -
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After several years of delays and controversy, the TSP’s I fund will transition to tracking a new, broadened benchmark index, but will exclude investments in China and Hong Kong.
November 15, 2023 -
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In today's Federal Newscast: The size of the U.S. military has dropped nearly 3%. FEMA and CISA publish a first-ever guide for emergency managers to prepare for attack. And the number of TSP millionaires jumps to nearly 100,000.
November 08, 2023 -
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For the third month in a row most Thrift Savings Plan funds posted negative returns, with the exception of the government securities investment G fund, which posted returns of 0.40%. That's up from its 0.35% in September.
November 01, 2023 -
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The new TSP loan tracker should help answer questions from participants about the progress of their loan applications, and show them what’s still missing to reach the next step of the process.
October 26, 2023 -
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In today's Federal Newscast: Thousands of non-feds would be eligible to join the Thrift Savings Plan under a new bill. Agencies must award at least 13% of all their prime contracts to Small Disadvantaged Businesses this fiscal year. And survivors of civilian federal employees killed in the line of duty are a step closer to receiving greater death benefits.
October 26, 2023 -
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In today's Federal Newscast: TSP participants can now check on their loan applications at any time, as often as they would like. Dozens of companies are urging Congress to create a $1 billion hedge portfolio. And a new online tool should help streamline Freedom of Information Act requests.
October 25, 2023 -
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For the first time since the program's launch in 2018, the number of BRS participants surpassed the number of participants in the military’s legacy retirement system.
October 24, 2023 -
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A reduced cost-of-living adjustment, or “diet COLA,” for FERS retirees can create a much larger difference in retirement savings over time.
October 20, 2023
