What Would Happen to the TSP if Interest Rates Turned Negative?
The Federal Reserve has floated the idea of lowering interest rates below zero. What impact would this have on federal employees invested in the Thrift Savings Plan funds?
Retirement
Stay informed with the latest federal employee retirement news, including updates on FERS and CSRS, retirement eligibility rules, OPM retirement processing, and TSP performance as it relates to long‑term retirement planning. This category covers annual COLA updates, TSP news, survivor benefits, military service credit, retirement application guidance, and major OPM policy changes or federal legislation that could affect federal retirement benefits. Find clear, timely information to help current and former federal employees navigate retirement planning, benefit calculations, and post‑retirement considerations.
Cobert Says More Funding Needed to Fix Retirement Applications Backlog
Acting Office of Personnel Management director Beth Cobert recently addressed the agency’s seemingly endless backlog of retirement applications and discussed the steps being taken to improve it.
What Happens to Your Benefits If You Die While Still Working? Response to Readers’ Questions
What can federal employees expect to happen to their benefits if they pass away while still employed?
How is Your Annual Federal Pay Raise Determined and What is it Likely to Be Next Year?
The Obama administration has recommended a 1.6% pay raise for federal workers in 2017. Does that mean this is a done deal and federal employees now know what their pay raise will be next year? Hardly. Here is a detailed look at how the political process surrounding how the federal workforce is paid is likely to play out in the coming months.
Will Permanent Adoption of the myRA Cure America’s Bad Saving Habits?
Two Congressmen have introduced legislation to make the myRA a permanent retirement savings option.
Number of TSP Millionaires Drops Below 2015 Level
There are now thousands of millionaires in the Thrift Savings Plan (TSP). The number of these successful investors has dropped in the past year though as the boom in stocks has dissipated and stock market volatility has increased.
Should I Put My TSP Into an IRA So I Can Retire When I Want?
I am 61 and have heard that I can take my money out of the TSP and place it into an IRA. I have been trying to manage my TSP the best that I can, but, my TSP has lost 20% this past year. Should I place my TSP into an IRA so I can still retire when I want?
OPM Retirement Backlog Jumps 73% in January
The OPM retirement backlog jumped 73% to start 2016 thanks to an influx of new retirement claims.
Presidential Candidates’ Social Security Proposals Throw Future Seniors Under the Bus
The author says that the presidential candidates so far have said little about their plans for Social Security, but to the extent ideas have been put forward, they do nothing to solve the long term financial problems facing the program.
Would the American Savings Act Impact the Thrift Savings Plan?
The American Savings Act would create a new organization that may be popular with many Americans. How would creating such an organization impact the TSP?
