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2:59 pm, October 1, 2014

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Search Tags:  Gregory Long

FERS TSP enrollment hits record high

At its monthly board meeting Thursday in Washington, the Federal Retirement Thrift Investment Board (FRTIB) announced that 87.5 percent of FERS employees are actively contributing to their TSP accounts. The percentage just surpasses the previous record high of 87.4 percent in January 2003. Although participation is increasing, a lower percentage of participants are contributing full match to their TSP accounts.

Tags: TSP , benefits , retirement , Federal Retirement Thrift Investment Board , David Toro , Susan Crowder , Shefali Kapadia

Thursday - 08/21/2014, 12:45pm EDT
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Roth TSP set for May 7 launch

The Roth option for the Thrift Savings Plan, which will allow federal employees to contribute after-tax dollars toward their retirement-savings accounts, will launch May 7, the Federal Retirement Thrift Investment Board announced today. The board, which first began planning the Roth TSP in June 2009 when it was authorized, made the announcement at its quarterly meeting of TSP coordinators.

Tags: Roth TSP , TSP , pay and benefits , retirement , Jack Moore

Wednesday - 04/11/2012, 01:46pm EDT

Roth TSP option delayed

The TSP Roth 401(k) option is still an option, but it's going to take a little while longer. The Federal Retirement Thrift Investment Board has decided to push back the launch of the highly-anticipated program from January 2012 to April.

Tags: pay and benefits , TSP , Roth 401(k) , Federal Retirement Thrift Investment Board , Tom Temin , Suzanne Kubota

Tuesday - 03/29/2011, 07:46am EDT