TSP portfolios end 2023 on a high note
Each of the funds in the federal government’s 401(k)-style retirement savings program finished December in the black.
Each of the funds in the federal government’s 401(k)-style retirement savings program finished December in the black.
Participants in the Thrift Savings Plan should be on the lookout for several upcoming changes that will affect their retirement savings accounts.
Employees can make changes to their Thrift Savings Plan investments by going to www.tsp.gov.
Starting in 2016, an OPM rule change allowed the divorced spouses of federal retirees to claim a portion of their annuity supplement. Now, after having a quorum for the first…
Postal Service employees can contribute up to $23,000 in 2024, an increase of $500 from this year. Employees over the age of 50 can take advantage of the TSP catch-up…
Currently, in order to gain access to 12 weeks of paid parental leave—a benefit itself adopted via the 2020 NDAA—or paid leave under the Family and Medical Leave Act, a…
What is public is the number of TSP millionaires: 94,873. It may also surprise you that the majority of the TSP’s 6,887,247 participants have less than a $50,000 account balance…
For the third time this year, the federal government’s backlog of pending retirement claims filed by departing federal workers hit a six-year low, as the Office of Personnel Management continues…
Twenty federal agencies failed to meet the Biden administration’s deadline for implementing the most advanced cyber event logging requirements across their systems, with most agencies failing to implement even basic…
Each of the portfolios in the federal government’s 401(k)-style retirement savings finished November in the black, snapping a three-month streak in which most Thrift Savings Plan funds lost value.