Pay & Benefits
Bill Changing Default TSP Allocations Signed Into Law
President Obama signed the Smart Savings Act into law this week to automatically enroll new federal employees into TSP L Funds.
TSP
Stay updated with the latest TSP news, including TSP fund performance, investment updates, contribution limits, withdrawal rules, and fee changes that impact federal employees and retirees. Here, you’ll find articles on TSP investment strategies, L Fund performance, market trends, TSP modernization updates, and guidance to help you make informed decisions about your Thrift Savings Plan. Whether you’re early in your federal career or preparing for retirement, find clear insights on maximizing your TSP growth and managing your long‑term financial strategy.
Q&A
Extra Pay Period in 2015 and Your TSP Contribution Schedule
I am getting conflicting information regarding the extra pay period in 2015 as it relates to setting my TSP contributions for the year - are you absolutely certain…
Pay & Benefits
The Thrift Savings Plan of the Future
The author says that the Thrift Savings Plan board members are recognizing that plan participants want more flexibility in making withdrawals in retirement. She says this is a…
Pay & Benefits
New Automatic Allocation for the TSP Coming Next Fall
Congress recently passed the Smart Savings Act to change the default allocations in the TSP for newly hired federal employees.
Pay & Benefits
The CSRS Voluntary Contribution Program
The CSRS Voluntary Contribution Program has been available to CSRS or CSRS Offset federal employees for many years. It can be a very useful option to significantly increase…
Retirement
Your TSP Investment: Where’s the Money Going and Why Do ‘They’ Care?
TSP officials believe that investors should leave their money in the TSP when leaving federal service. Why do they care?
Federal Workforce News
New Default TSP Account Allocations One Step Closer to Reality
Legislation that would change the default TSP allocations for newly hired federal employees has passed Congress and is on its way to the president's desk for signature.
Q&A
What is the Best Date to Retire?
I am planing to retire this FY. I am trying to determine if hanging until Jan. 10, 2015 for full lump sum (448 hours) is a better option…
Federal Workforce News
Will You Have an Extra Pay Day in 2015?
Does DFAS handle your agency’s payroll? If so, you may find yourself with an extra pay day next year.
Pay & Benefits
6 Common Questions for Federal Employees Starting Later in Life
The author provides considerations for federal workers beginning their careers at later ages.