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TSP issues warning against use of unknown 'third-party' apps

  • By FederalSoup Staff
  • Nov 04, 2016

The Thrift Savings Plan has issued an announcement warning against federal employees and retirees using third-party mobile apps to manage their accounts.

There are many such mobile apps offered online, according to TSP, but as the fund’s website puts it, they are “NOT sponsored by TSP.

Providing your TSP account credentials to third-party applications may jeopardize the security of your account,” TSP warns. “The TSP cannot endorse any information or advice provided by third-party applications.

Account holders who may be concerned about their accounts should check the fund’s Security Center online, or phone 1-877-968-3778.

Reader comments

Tue, Nov 8, 2016

So where is the TSP app? Or is dire warnings all we get?

Fri, Nov 4, 2016

Congress ought to make "app access" an unauthorized means to gain use of a government system, and then provide for a hefty fine for any app promoter who conspires with a government employee to use the unauthorized method. The trick would be to properly define the prohibited access via apps that require a app company's customer/user to establish an account or provide access details.

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Contributors

Edward A. Zurndorfer Certified Financial Planner
Mike Causey Columnist
Tom Fox VP for Leadership and Innovation, Partnership for Public Service
Mathew B. Tully Legal Analyst

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