David Jones Resigns from FRTIB
One of the Board members on the FRTIB has resigned effective later this month. The agency will still continue to operate as normal.
TSP
TSP Performance Continues to Suffer: One Core Fund Down 22% This Year
August TSP fund performance reflects the abysmal performance of the stock market in 2022. Other than the G Fund, all TSP Funds went down in August.
Fraud Conviction: Leaving TSP to Invest in Variable Annuity With $1.7 Million in Commissions
A scam targeting TSP investors nearing retirement by convincing them to sell their TSP funds and purchase high-cost variable annuities has come to an end.
All TSP Funds Still Down in 2022: One Fund Down 19.40%
TSP stock funds are still down for the year with very slight gains for three funds in August.
What Went Wrong With the TSP Website Migration?
The latest monthly TSP meeting provided important updates on the problems that plagued the launch of the new TSP website.
One Big Mistake Most Federal Employees Make
Using the TSP to save for retirement is a good thing, but the author says that many federal employees make a mistake in their planning.
Once You’ve Maxed Out the TSP, Do This!
Once federal employees have maxed out their TSP accounts, they can begin saving in other areas to help fully realize their financial goals.
TSP Investments in China: No TSP for the CCP?
Chinese investments through the TSP mutual fund window are creating political controversy and national security concerns.
GAO Agrees to Investigate TSP Website Problems
GAO has agreed to investigate the recent problems that have plagued the TSP since the launch of the new website and features in June.
Number of TSP Millionaires Going Down: 36% Drop From Highest Point
The number of TSP millionaires continues to drop in the midst of the highest inflation rates in 40 years. Here is the latest number as of the end of June 2022.
