Browsing Tag
Thrift Savings Plan (TSP)
57 posts
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
Why China is Finally Embracing Private Retirement Savings
New third pillar being added to its retirement system to address troubled national pension fund amid declining workforce and rapidly aging population
TSP Millionaire Ranks Thinned by More Than One-Third
Stock market’s dismal first half of 2022 leads to a 36% decline in the number of Thrift Savings Plan participants with seven-figure account balances
Thrift Savings Plan Gets Much-Needed July Boost
The best month for the stock market since 2020 helped the federal government’s 401k-like plan pare 2022 losses, but G Fund still the only core portfolio in the black
Dr. Fauci Inches Closer to Collecting Record Federal Retirement Package
Nation’s top infectious disease expert confirms Monday he will retire before the end of President Biden’s term in January 2025
TSP Participants Flock to G Fund Amid Stock Market Declines
Conservative government bond fund is only Thrift Savings Plan portfolio to finish first half of 2022 in the black, but will those transferring from index-based funds miss out on a potential rebound as has happened before?
TSP Recordkeeper Transition Off to Rocky Start
Long-planned major upgrade to old legacy system stumbles out of the gate with extremely long call center wait times