Biden Pulls Nominees to TSP Board
Nominees to the TSP board have been pulled by President Biden.
Nominees to the TSP board have been pulled by President Biden.
The Thrift Savings Plan is off to a strong start with one fund already up more than 7% in 2021.
President Trump has resubmitted names to serve on the Thrift Investment Board that administers the TSP.
There has been a big turnaround in TSP stock funds in November and changes to investing TSP index funds.
The FRTIB has awarded the second of two fund manager contracts for four of the TSP’s core funds.
A rule change coming this fall will increase the automatic enrollment percentage in the TSP from 3% to 5%.
The TSP’s budget is expected to go up considerably in the coming fiscal year. Here is some of what is planned and how participants could be impacted.
The TSP is lifting a restriction on starting and restarting installment payments based on life expectancy.
Michael Kennedy, Chairman of the Retirement Thrift Investment Board, has announced his resignation.
The FRTIB has delayed implementation of its planned change to the TSP’s I Fund, but is this debate really over yet?