Are You One of the TSP Millionaires?
The number of TSP millionaires has exploded with the rising stock market. Here are the facts and figures on this aspect of the TSP.
Get the latest federal employee pay news, including updates on federal pay raises, GS pay scale changes, locality pay, and federal compensation policy. Stay informed on TSP news, TSP fund performance, contribution limits, and investment updates. This category also covers FEHB premiums, FEGLI rates, FEDVIP dental and vision benefits, and major OPM policy changes, federal workforce legislation, and other developments that impact federal employee pay, benefits, and takeāhome compensation.
The number of TSP millionaires has exploded with the rising stock market. Here are the facts and figures on this aspect of the TSP.
A pair of bills recently introduced in the House would provide an automatic cost of living adjustment for benefits provided to military veterans and their families.
All TSP funds had positive returns in February and all funds have positive returns for the year-to-date.
Recently introduced legislation would provide enhanced retirement benefits for certain federal law enforcement officers.
The U.S. Court of Federal Claims has just handed down a payday bonanza for federal employees who signed up for the class action case demanding redress for lost pay during the 2013 government shutdown.
How much money, if any, can you save with the Self Plus One option under FEHB? The author provides some comparison data for 2017 between the Self, Self Plus One, and Family options.
Legislation has been reintroduced in the new Congress to give federal employees six weeks of paid parental leave for the birth or adoption of a child.
What changes are likely to occur to your pay and benefits? These are some proposed changes federal workers might see under a new administration based on what we know today.
A resolution recently introduced in the Senate pledges to support the federal workforce with “five fights for federal employees.”
A TSP participant can designate anyone as a beneficiary to a TSP account, however, only a spousal beneficiary can choose to leave the funds in TSP. The author says it’s important to understand all implications of a spousal beneficiary deciding to keep funds inside of the TSP.