TSP Millionaires Hit Record High: What’s Driving the Surge?
The number of TSP millionaires has surged nearly 600% in the past five years thanks to market gains and steady investing.
The number of TSP millionaires has surged nearly 600% in the past five years thanks to market gains and steady investing.
The White House said that federal employee layoffs are still on the table and increasingly likely as the government shutdown enters its second week.
Recently introduced legislation would reimburse federal employees for fines incurred as a result of the government shutdown.
Legislation has been introduced to eliminate penalties normally associated with TSP loans to help federal employees in a prolonged government shutdown.
Hundreds of thousands of federal employees face furloughs daily amid the shutdown, with potential RIFs as agencies adjust to funding lapses and budget priorities.
New OPM guidance confirms that agencies are authorized to run RIFs during government shutdowns.
Legislation has again been introduced to prevent government shutdowns by means of automatic continuing resolutions.
Federal employees may face RIFs as part of the White House’s government shutdown strategy.
Government shutdowns can be disruptive, but the good news is that federal retirees will encounter minimal impacts.
Government shutdowns don’t stop pay forever—here’s how furloughs, leave, and benefits are managed for federal employees.