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Roth TSP launch closer with new draft regulations

The rollout of the Roth option for the Thrift Savings Plan, which would allow federal employees to invest already-taxed income, has long been discussed in the federal pay-and-benefits world. That launch moved another step closer, with the planned publication Wednesday of draft regulations in the Federal Register. And TSP participants will soon have more information about what the plan will look like.

Tags: pay and benefits , benefits , Roth TSP , Tom Trabucco , Federal Register , Jack Moore

Tuesday - 02/07/2012, 04:31pm EST

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 , Gregory Long , pay and benefits , retirement , Jack Moore

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

DoD civilians, others can now make Roth TSP contributions

After a two-month delay, all civilian employees at the Defense Department, as well as several other agencies, can now contribute to the recently rolled-out Roth option for their Thrift Savings Plans.

Tags: Roth TSP , FRTIB , pay and benefits , DFAS , Jack Moore

Friday - 06/29/2012, 09:05pm EDT

Cyber attack against TSP contractor exposes thousands of accounts

A sophisticated cyber attack against the Thrift Savings Plan contractor responsible for maintaining the agency's data centers compromised the information of 123,000 TSP participants. However, there is no indication the data has been misused, according to the Federal Retirement Thrift Investment Board. There is also no indication that the TSP's network or its website were affected.

Tags: SERCO , cybersecurity , technology , cyber attack , Greg Long , Jack Moore

Friday - 05/25/2012, 02:12pm EDT

Roth TSP now open to active-duty servicemembers

As of Monday, active-duty members of the Army, Navy and Air Force can now participate in the Roth Thrift Savings Plan option.

Tags: Roth TSP , pay and benefits , DoD , retirement , Jolie Lee

Tuesday - 10/02/2012, 09:18am EDT

Upward TSP trend continues

For the second month in a row, performance in all 10 of the Thrift Savings Plan funds posted positive returns, with double-digit gains in many of the funds year-to-date.

Tags: TSP returns , FRTIB , Jack Moore , pay and benefits

Monday - 10/01/2012, 09:54am EDT

With expanded budget, TSP to tackle cybersecurity, hiring

The Federal Retirement Thrift Investment Board which manages federal employees' Thrift Savings Plan accounts approved a 19 percent budget increase for the coming year, allowing it to fund new cybersecurity and hiring initiatives. The $170.5 million budget, which is more than $27 million above 2012 levels, was agreed to following a "rigorous review," the board's director of external affairs, Kim Weaver, told In Depth with Francis Rose.

Tags: budget , FTRIB , In Depth , Francis Rose , Kim Weaver , cybersecurity , hiring , Jack Moore

Tuesday - 09/25/2012, 08:56pm EDT
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TSP numbers continue upward climb in August

Returns for the Thrift Savings Plan continued their steady upward climb last month, with all funds posting in positive territory for the month of August, according to new data from the Federal Retirement Thrift Investment Board.

Tags: pay and benefits , FRTIB

Wednesday - 09/05/2012, 12:44pm EDT

Coming soon to YouTube -- Videos about TSP accounts

Kim Weaver, director of the Federal Retirement Thrift Investment Board, told In Depth with Francis Rose feds will soon be able to access videos online explaining some of the more complicated aspects of their Thrift Savings Plan accounts.

Tags: Kim Weaver , FRTIB , retirement , In Depth , Michael OConnell , Pay & Benefits , Roth option , Roth TSP

Wednesday - 08/29/2012, 07:34am EDT
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The "best of" your questions, part 3

Bob Leins and Tammy Flanagan discuss the "best of" subjects brought up during recent seminars.
August 20, 2012

Tags: pay and benefits , Bob Leins , Tammy Flanagan , NITP , retirement , federal pay , Roth TSP

Monday - 08/20/2012, 06:39pm EDT
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