TSP

Bill would permit feds to save for retirement longer

The legislation calls for raising the age when mandatory distributions must begin from 72 to 75.

Thrift Savings Share Prices

Thrift Savings Share Prices as of September 20, 2021

Thrift Savings Share Prices

Thrift Savings Share Prices as of September 7, 2021

Expert: COVID, inflation and what NOT to do with your TSP

The COVID pandemic and the tantalizing but uneven economic recovery so far this year have feds seeking advice about their retirement savings, including TSP. This week, Nathan Abse interviews Ann Ozuna—a retirement expert and advisor whose clientele is focused on federal employees. Ozuna's experience in the federal community included two decades as a fed herself, working as a retirement specialist with DOD and DOE.

Survey: TSP remains popular with feds

The latest survey of 5,500 Thrift Savings Plan participants shows that nearly 9 out of ten federal employees said they are happy with it, though satisfaction dipped a bit -- likely because of the fallout from the pandemic.

Thrift Savings Share Prices

Thrift Savings Share Prices as of Aug. 13, 2020.

Thrift Savings Share Prices

Thrift Savings Share Prices as of Sept. 4, 2020.

Thrift Board chairman exits June 30

Embattled Federal Retirement Thrift Investment Board Chairman Michael Kennedy’s last day on the job was June 30.

TSP offers COVID-related loan options

Thrift Savings Plan is now offering temporary loan options for TSP participants affected by COVID-19.

Who’s the smartest investor?

Many federal workers, people with good jobs and good salaries are self-made millionaires. They did it by investing an average of 29 years in the C and S funds of their Thrift Savings Plan.

Changes coming to the TSP L fund

The Thrift Savings Plan announced more Lifecycle funds will be available July 1.

Connelly calls out administration interference in I-fund reversal

The Virginia congressman said concerns about the composition of the investment fund should have been to the Office of Foreign Assets Control, rather than to the Federal Retirement Thrift Investment Board.

TSP updates loan, withdrawal options

The Thrift Savings Plan announced updates for temporary loans and withdrawals for TSP participants affected by COVID-19.

FRTIB backtracks on investing in Chinese-linked index fund

the Federal Retirement Thrift Investment Board said it would defer a planned decision to shift its international funds to an index that contained firms with links to the Chinese government.

Retirement board reverses on Chinese-linked index fund

the Federal Retirement Thrift Investment Board decision comes two days after White House asked Labor Secretary Eugene Scalia to intervene.

White House steps on TSP's index fund including China-based companies

Citing national security and economic risks, senior officials instructed the Secretary of Labor to overturn plans by the Federal Retirement Thrift Investment Board to buy a fund that includes investments in China.

Trump names 3 replacements for TSP board

President Donald Trump nominated three new candidates to replace Obama-era officials on the five-member board that manages the Thrift Savings Plan of federal employees and retirees.