TSP Performance Continues to Suffer: One Core Fund Down 22% This Year
August TSP fund performance reflects the abysmal performance of the stock market in 2022. Other than the G Fund, all TSP Funds went down in August.
Author: Ralph R. Smith
Biden Issues Alternative Pay Letter for 2023 Federal Pay Raise: Average 4.6% Raise
President Biden has issued the letter outlining his alternative pay plan of a 4.6% average increase for the 2023 federal pay raise.
Fraud Conviction: Leaving TSP to Invest in Variable Annuity With $1.7 Million in Commissions
A scam targeting TSP investors nearing retirement by convincing them to sell their TSP funds and purchase high-cost variable annuities has come to an end.
All TSP Funds Still Down in 2022: One Fund Down 19.40%
TSP stock funds are still down for the year with very slight gains for three funds in August.
Fauci Leaving Federal Service With Big Pension But Not Retiring?
Dr. Anthony Fauci appears to be leaving federal service but does not intend to retire despite having a very large federal pension.
Federal Salary Council Adopts “Pro-labor Recommendations” to Raise Pay for Upwards of 30,000 Federal Employees
The Federal Salary Council is recommending changes to raise pay for “tens of thousands” of federal employees.
TSP Investments in China: No TSP for the CCP?
Chinese investments through the TSP mutual fund window are creating political controversy and national security concerns.
2023 COLA Update: CPI-W Up 9.1% in One Year
The latest 2022 inflation update and the first month used in the 2023 COLA calculation are now official. Here are the results.
Number of TSP Millionaires Going Down: 36% Drop From Highest Point
The number of TSP millionaires continues to drop in the midst of the highest inflation rates in 40 years. Here is the latest number as of the end of June 2022.
Average Federal Salary by Year, Gender, and Race: 2017 – 2021
How much has the average federal salary increased in recent years? Which race or gender had the highest average salary in 2021?
