Is a Foreign Country Building a Database of Federal Employees’ Data?
Reports are suggesting that the data breach of the TSP that exposed personal data of approximately 123,000 federal employees may go deeper than it appears.
If you are a federal employee, you may be wondering how to plan for your retirement and make the most of your Thrift Savings Plan (TSP). The TSP is a tax-advantaged retirement savings plan that allows you to invest in various funds and options, depending on your risk tolerance and goals. On this tag page, you will find articles and resources that will help you understand the benefits and features of the TSP, as well as tips and strategies to increase your investment returns and secure your future income. You will also learn about the latest news and updates on the TSP performance, fees, withdrawals, and more. Whether you are just starting your federal career or are near retirement, these articles will provide you with valuable information and guidance on how to make the best use of your TSP.
Reports are suggesting that the data breach of the TSP that exposed personal data of approximately 123,000 federal employees may go deeper than it appears.
Our readers asked how they can find out if their personal data were compromised in the TSP data breach on Friday.
The Federal Retirement Thrift Investment Board (FRTIB) announced today that a computer containing personal information of roughly 123,000 TSP participants suffered a sophisticated cyber attack that resulted in the unauthorized access of personal information.
Senator Daniel Akaka (D-HI) has introduced legislation that would encourage federal workers to save at least five percent of their pay in the Thrift Savings Plan.
The TSP recently released the results of its participant survey conducted in October of 2011.
Should you sell your stock funds in May and buy them back in September in anticipation of lower stock prices at that time? Perhaps, but you may find that you have lost money by trying to time the market.
The author shares her opinion about the Roth TSP as well as some frequently asked questions and answers about it.
Are you considering utilizing the Roth option in your TSP? Here are answers to a few frequent questions from readers about how the Roth option will work.
In light of the 25th anniversary of the TSP, the author examines a hypothetical scenario to see how a typical federal employee would have fared investing under the plan.
When will the Roth option be available for TSP participants? For most readers, the start date will be May 7, 2012.