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Search Tags: TSP
After tanking in August, all the funds in the Thrift Savings Plan bounced back last month, according to data from the Federal Retirement Thrift Investment Board.
Members of the Federal Retirement Thrift Investment Board approved a nearly 18 percent increase in the agency's budget for the coming fiscal year that will help lay the groundwork for a wholesale overhaul of the TSP participant experience, board officials say. The single, new initiative included in the 2014 budget is the first in a series of steps built around redesigning the entire participant experience, the board's executive director, Greg Long told board members.
Updated Thrift Savings Plan regulations would allow the same-sex spouse of a TSP participant to collect death benefits as long as they were married in a state that recognizes same-sex unions, regardless of where they live currently.
There are several ways to become a millionaire. You can become Oprah's best friend or, if you work for the federal government, you can do it via the TSP. More than 900 feds have million dollar accounts, and Senior Correspondent Mike Causey found out how one of them did it.
Attorney Thomas J. O'Rourke will answer your calls and emails on how to best prepare for your family's financial future. Also, Sean Reilly from the Federal Times will give us an update on some of the big issues affecting federal workers.
September 18, 2013
Tags: pay and benefits , estate planning , retirement planning , Sean Reilly , Federal Times , sequestration , continuing resolution , phased retirement , USPS , Mike Causey , Your Turn , Thomas J. ORourke
Is the person in the next cubicle really a closet millionaire? Does the person who organized your carpool have a seven-figure retirement nest egg? Senior Correspondent Mike Causey wants to know: Are you rich and don't know it?
Attorneys Steve Widdes and Micah Bonaviri give you advice on how to maximize the value of your retirement plans.
September 16th, 2013
Funds in the Thrift Savings Plan took a plunge last month. With the exception of the government-securities G Fund, all the funds in the Thrift Savings Plan finished August in negative territory.
Bob and Bob trade places, as federal benefits specialist Bob Braunstein plays host to the show's usual host, tax expert Bob Leins.
September 2, 2013
Hosts Bob Leins and Tammy Flanagan discuss how to transfer funds to a Roth IRA and avoid incurring an income tax.
August 5, 2013