Browsing Tag
Thrift Savings Plan (TSP)
52 posts
Yellen Says Debt Limit Standoff Impacting TSP’s G Fund
Treasury Secretary sends letter to Congressional leaders saying the Treasury is unable to invest G Fund assets fully in U.S. interest-bearing securities as a result of the debt limit
TSP Rings in the New Year with Bleak Performance
The Thrift Savings Plan saw yet another dismal performance to close out 2022, with the lowest performance down 26%
TSP-Like ‘Retirement Savings for Americans Act’ Introduced with Eye on 2023
Bill from bipartisan, bicameral Congressional working group aims for 2023 consideration with effort to expand retirement savings access for low- and middle-income workers
Largest Asset Owners Hit Trillion-Dollar Record
A new WTW study finds total assets among the largest organizations have grown by 9%
TSP Millionaire Ranks Fall Off for Third Straight Time in 2022
Despite a recent strong stock performance, the Thrift Savings Plan saw its lowest number of millionaires in 2022 at 65,494
Black October a Good Thing for TSP Funds
Stock market gains help Thrift Savings Plan retirement savers recoup some of this year’s losses
TSP Funds Suffer Through Another Rough Month
September adds to 2022’s losses for all but one TSP fund
New Bill Calls for Oversight of Federal Retirement Thrift Investment Board
In light of this year’s botched recordkeeper transition, bill from Rep. Eleanor Holmes Norton (D-DC) would install an inspector general to oversee the board’s management of the Thrift Savings Plan
SEC Bars Advisor for Federal Retirement Plan Rollover Fraud
Scheme persuaded hundreds of current and former federal employees to liquidate their Thrift Savings Plan accounts for high-commission variable annuities
New TSP Recordkeeper Apologizes for Botched Transition
Accenture Federal Services updates Federal Retirement Thrift Investment Board on progress toward “fixes” for new Thrift Savings Plan website rollout problems during monthly meeting Wednesday