Retirement
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…
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.
Q&A
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…
Retirement
OPM Retirement Backlog Jumps 73% in January
The OPM retirement backlog jumped 73% to start 2016 thanks to an influx of new retirement claims.
Retirement
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…
Retirement
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?
Federal Workforce News
13 Things You Should Know About Taxes and Federal Retirement
Tax time is closer than you think. Here are 13 things you should know about taxes and your federal retirement.
Retirement
Is Phased Retirement The ‘New Coke™’ of Civil Service Reform?
The author says that phased retirement was a program designed to help federal employees ease into retirement while also helping agencies get their replacements up to speed. However,…
Retirement
New Survey Raises the Question, ‘Will Feds Be Permitted to Develop Financial Maturity?’
The author says that federal employees are frequently sheltered from financial and retirement information in their careers. He says federal workers need to be permitted to have self-reliance…
Retirement
Should the TSP Provide Investment Advice?
There are fresh hints that the Thrift Savings Plan is considering whether to offer investment advice to participants. But would investment advice within the TSP keep federal employees…
Retirement
Beyond the Numbers; Are You Ready to Retire?
Are you ready to retire? Many federal employees are now eligible for retirement, but still continue to work. The author goes over some important considerations federal workers should…