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Search Tags: TSP
Federal workers are rolling outside money into their Thrift Savings Plan at a record pace, says Senior Correspondent Mike Causey, and that includes 75 people who now have million dollar balances.
Tom Trabucco of the Federal Retirement Thrift Investments Board said a record $66.4 million has been moved from other accounts and into the TSP. He also explains why this is good news for everyone involved.
Better weather and an earlier Easter enticed Americans to shell out for spring clothes in March, the fourth straight month of gains for retail sales. Certified Financial Planner, Art Stein, looks at other signs of a spring recovery.
What's has 8 million legs, is worth $250 billion dollars and is considered the biggest and best thing of its kind? Senior Correspondent Mike Causey says that's one way to describe your Thrift Savings Plan which is going to get bigger and better.
Is this the Year of the Tiger for the federal Thrift Savings Plan? Senior Correspondent Mike Causey says that for the last 12 months the stock-only C, S and I funds have been grrrrrrrrrrrrreat!
If you have unused sick leave consider it as money-in-the-bank. And if you have unused annual leave you may get the option of investing it in your Thrift Savings Plan. Senior Correspondent Mike Causey lays out the plan's plan.
Most federal workers get matching, tax-deferred contributions to their thrift savings plan, but the military refuses to give them to soldiers, sailors and airmen. Senior Correspondent Mike Causey asks "how come?"
When the stock market crashed last year did you retreat to the TSP's safe haven G-fund or did you continue to buy stock funds? Senior Correspondent Mike Causey says either action could have made you a winner... depending.
Mike and I talk about open season, TSP changes, the 2010 pay raise, and a crazy letter on Mike's wall.
This year will go down in the record books as the best-ever for federal workers, postal service employees and many government retirees, but as Senior Correspondent Mike Causey points out, every silver lining has a cloud.