TSP Funds Head Up Again in April
For the second month in a row, all of the funds in the Thrift Savings Plan are higher–one of them going up 15% in April. Here are the results.
For the second month in a row, all of the funds in the Thrift Savings Plan are higher–one of them going up 15% in April. Here are the results.
Congress says it approves the idea of pay parity between federal employees and military personnel but doesn’t indicate how much should be approved for a possible pay raise in 2010. Will federal employees be asked to take a lower raise in the midst of rising unemployment and low inflation? Also, federal retirees are on track to go without a COLA increase.
President Obama has announced a plan to save taxpayer money by seeking suggestions from federal employees on how to cut back on wasteful spending in government.
Your TSP funds have taken a big leap in the past few weeks with the S fund up about 26% since March 1st. That is good news and a reason for optimism. So, is the economic crisis now over? The current stock market is behaving much as markets did in 1938. Keep that in mind when making your investment decisions.
Are the American tea party protests held on April 15th a passing fad or the start of a political activism among American voters that will have an impact on government and in future elections?
A new bill to change the regulation of tobacco has passed the House. Embedded in this legislation are changes to the Thrift Savings Plan. If Congress sees an advantage in changing a program with billions of dollars at stake and some small portion of those billions represent your personal financial future in retirement, you may want to pay attention.
The appointments of two senior officials at the Office of Personnel Management who are openly gay highlights the potential for change in federal employee benefits for partners of gay federal employees. Here is a quick summary and a survey for readers to express their views on this topic.
The Federal Employees Paid Parental Leave Act would provide up to four weeks of paid leave for some federal employees. The bill is now moving forward in the House of Represenatives.
Investors in the Thrift Savings Plan (TSP) stock funds are understandably discouraged. Investors have been fleeing to the safety of the G fund. When did the C fund last return more than 10% in a month? It has been almost 18 years. But here is good news: The March returns (so far) are very good for all of the stock funds and are now close to setting new records for the biggest monthly returns for these funds.
TSP investors are setting records for putting money into the G fund. Does this mean we have reached a market bottom?