Federal Workforce News
TSP Participation Hits Record High
The percentage of participants who are contributing to the Thrift Savings Plan (TSP) hit a record high in July 2014.
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.
Federal Workforce News
Your TSP: Roll It Over or Leave It?
When you retire, you will be faced with many choices as to what to do with your Thrift Savings Plan investments. This article considers the choice of leaving…
Retirement
Phased Retirement and the TSP
The Thrift Savings Plan has issued some guidelines for federal employees who fall under the new phased retirement status to be aware of as they transition into the…
Federal Workforce News
Market Sinks on July 31: All TSP Stock Funds Down in July
The stock market dropped in July ending a five month winning streak for the TSP C fund. For the year-to-date and the past twelve months, all of the…
Q&A
Contributing to an IRA Outside of the TSP
Under what circumstances can you contribute to a Roth IRA outside of the TSP?
Pay & Benefits
Proposal to Raise TSP Director’s Salary to 120% of VP’s Salary
A proposal has been made to raise the salary of the executive director of the TSP to 120% of the salary for the VP of the United States.…
Federal Workforce News
FRTIB Selects Manager for S Fund
The Federal Retirement Thrift Investment Board (FRTIB) announced this week that it has selected Blackrock Institutional Trust Company, N.A. as the investment manager for its Small Cap Stock…
Pay & Benefits
House Passes Bill to Change Default TSP Investments
A bill that just passed the House would put newly hired federal employees into a new default investment in the Thrift Savings Plan.
Pay & Benefits
TSP Rated as Most Valuable Benefit to Federal Employees
OPM has released the results of the 2013 Federal Employee Benefits Survey. The Thrift Savings Plan (TSP) was rated as one of the top benefits available to federal…
Federal Workforce News
Do You Owe Back Taxes and Have a TSP Account? Be Forewarned
318,462 federal employees owed back taxes to the federal government as of September 20, 2013. Under a proposed rule, money in the TSP accounts of these individuals could…