More Services, Higher Budgets Projected at Federal TSP Program
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.
FRTIB
TSP Announces Rule Change on Installment Payments
The TSP is lifting a restriction on starting and restarting installment payments based on life expectancy.
FRTIB Chairman Resigns
Michael Kennedy, Chairman of the Retirement Thrift Investment Board, has announced his resignation.
The Thrift Board Blinked
The FRTIB has delayed implementation of its planned change to the TSP’s I Fund, but is this debate really over yet?
TSP Delays Implementing I Fund Change
The TSP’s I Fund will continue using the current index rather than a broader international index based on a decision made today.
White House Orders FRTIB to Stop Planned Change to I Fund
The White House is taking formal action to stop a planned change to the TSP’s I Fund.
TSP Politics: New Nominees Would Replace Some FRTIB Members
As the TSP moves ahead to expand I Fund investments, President Trump has nominated new members for the TSP’s governing board.
Lawmakers Still Fighting the TSP’s I Fund Change
Another lawmaker has introduced a bill to try to stop the TSP’s I Fund from investing in Chinese companies.
FRTIB Plans to Raise Automatic Enrollment in TSP to 5%
A proposed rule in the Federal Register would increase the automatic enrollment percentage in the TSP from 3% to 5% later this year.
New TSP Hardship Withdrawal Option Likely Coming Soon
A proposed rule would allow TSP participants to make hardship withdrawals in the event of natural disasters.
