How did your TSP investments perform last month? See the latest monthly TSP performance at TSPDataCenter.com.
The Government Pension Offset and the Windfall Elimination Provision impact the retirement income for many public sector retirees. A bill has been introduced to eliminate these provisions. Elimination would cost the government considerable money but, with a new Administration and Congress taking on a debt estimated to be at least $1.2 trillion, it could pass this year.
HR 235 would eliminate the Windfall Elimination Provision and the Government Pension Offset.
The drop in the value of your Thrift Savings Plan in 2008 may have you worried–especially if you are already retired. recent legislation allows investors to avoid taking the minimum required distribution in 2009. But to take advantage, you need to act sooner rather than later.
President-elect Obama has selected Nancy Killefer as the government’s “Chief Performance Officer.”
The author recaps FedSmith stories that its authors couldn’t have made up had they tried all year. These stories require no suspension of belief by the reader. All are provably true.
Some readers will be getting a four-day weekend in January. Other readers will get a three-day weekend. Here is how the holiday will work.
If you are not careful in making your regular TSP investments, you could be making a mistake that will cost you a significant amount of money. Highly compensated federal employees should consider making a flat payment to the TSP each pay period. This column explains why this is could be important to you.
After five straight years of positive TSP fund performance, 2008 was a disappointment. While all of the funds were up in December, all but two of the funds lost money in 2008.
What were the most popular news items on the FedSmith site in 2008? The most popular articles this past year were on the 2009 pay rates for federal employees, employee benefits and retirement issues.
The number of returning veterans with major wounds is likely to be very large, and federal agencies will have to be creative, probably to an unprecedented degree, in coming up with the reasonable accommodations that will be needed. Is there the will in federal agencies to hire them?
What is your current TSP balance?
Total Voters: 777
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