65,494 TSP Millionaires in September—42% Drop Since 2021
The lackluster stock market in 2022 has taken a toll on the number of TSP millionaires.
The lackluster stock market in 2022 has taken a toll on the number of TSP millionaires.
Federal employees planning to retire at the end of 2022 to take advantage of the large 2023 COLA are likely to be disappointed.
The TSP performance in October 2022 was up significantly with returns for some TSP funds above 8%.
The continuing surge of illegal immigration along the Mexican border is leading to sending federal air marshals there to assist instead of securing airlines.
Federal employee salaries often do not include the value of federal benefits. A recent analysis looks at federal benefits as well as salaries.
Inflation has been rising fast, and the 2023 COLA was just announced. Even with a projected 2023 pay raise of 4.6%, purchasing power is declining fast.
The 2023 COLA for federal retirees and Social Security recipients has been announced and will be the largest in since 1981.
Losses in TSP Funds deepened in September and stocks had the worst nine months of a calendar year since 2002.
Federal employees enjoy job security. Do employees fare better with MSPB or arbitration appeals? See results from recent record analysis.
One TSP Fund is now down more than 30% in 2022. Here is an update on 2022 TSP fund performance and how TSP website problems have been rectified.