The Federal Retirement Thrift Investment Board, the group that oversees the Thrift Savings Plan, has given the green light to begin the process of adding mutual funds as an investment option to the TSP.
The author says politicians in Washington are using federal employees as political pawns which is likely to push talented people out of the federal workforce. He outlines some of the arguments coming from Washington against the federal workforce and dispels them with evidence of his own.
The G fund has never had a losing year. The rate of return on the G fund has been dropping as inflation has gone down and consideration is being given to reducing the G fund interest rate even more. Could this actually be a good thing for TSP investors?
While the subject is one most of us would rather not ponder, it is helpful to know what will happen to your federal benefits should you die while still employed in your federal job.
All TSP funds, with the exception of the G fund, showed losses in June including all of the Lifecycle funds. However, all funds remain in positive territory for the year.
According to recent statistics, many federal employees that can retire are not doing so. The author asks why this is the case and provides some reasons why he thinks this is happening.