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How to plan for the Roth TSP option

You've got some thinking to do about your investments. The people who manage your Thrift Savings Plan have published draft rules for a Roth option that would let you put in after-tax money.

Tags: Ed Zurndorfer , pay and benefits , Federal Drive , Roth TSP , retirement

Thursday - 07/12/2012, 09:52am EDT
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Option to put unused leave toward TSP part of House bill

The provision — part of a larger transportation bill — would allow retiring federal employees to put their unused annual leave toward their TSP.

Tags: Tom Trabucco , pay and benefits , annual leave , House , In Depth

Thursday - 07/12/2012, 09:49am EDT
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TSP board assures accounts safe after cyber attack

In July 2011, a computer owned by TSP contractor Serco was accessed by an unauthorized party. The Federal Retirement Thrift Investment Board was notified of the attack by the FBI in April of this year.

Tags: pay and benefits , cybersecurity , technology

Monday - 07/09/2012, 10:01am EDT

Senator questions delay in reporting TSP cyber breach

One senator is questioning why it took nine months for the Thrift Savings Plan board to find out about a sophisticated cyber attack that compromised 123,000 TSP participants' accounts. Sen. Susan Collins (R-Maine) also wants to know why Congress wasn't informed of the breach until more than a month after it was reported to the board.

Tags: Susan Collins , Senate , Senate Homeland Security & Governmental Affairs Co , cybersecurity , hacker , Robert Mueller , Greg Long , Federal Retirement Thrift Investment Board , Jolie Lee

Monday - 07/09/2012, 09:59am EDT

TSP numbers bounce back in June

All 10 Thrift Savings Plan funds finished the month of June with positive figures, ending a several month slide into the red. The I Fund grew from -11.40 percent in May to 7.08 percent on June 30.

Tags: retirement , Federal Retirement Thrift Investment Board , Michael OConnell

Tuesday - 07/03/2012, 07:47am EDT

Fortunate feds: Job stability, retirement and health benefits

Senior Correspondent Mike Causey once again turns over to longtime reader, Dennis S., who spent a long time with Uncle Sam and a lot of time in the private sector. He says both the government and the private sector have their upsides and downsides. But he thinks its important to appreciate what you've got and live in the moment.

Tags: Mike Causey , Federal Report , pay and benefits , pay , benefits , retirement , workforce

Monday - 07/02/2012, 07:09am EDT

DoD civilian employees now have Roth option

Defense Department employees have had to wait longer than other feds but this week they're getting their chance.

Tags: DoD , DoD Report , Roth , Federal Drive

Tuesday - 06/26/2012, 08:06am EDT

TSP, pay freeze and agency cutbacks

Portions of last week's interview with TSP Executive Director Greg Long about the TSP hack attack will be re-aired this week. Also, Steve Watkins and Sean Reilly from the Federal Times join host Mike Causey to talk about the status of legislation pending in Congress that affects federal workers.
June 20, 2012

Tags: pay and benefits , retirement , TSP hack , Greg Long , Federal Times , Sean Reilly , Steve Watkins , Mike Causey , Your Turn with Mike Causey

Wednesday - 06/20/2012, 05:22pm EDT
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Inside the TSP hack job

For people worried about their TSP accounts being hacked, no news is good news. If you didn't get a letter, it means you are one of the 97 percent whose data is safe. For more facts about the hack job, check out Senior Correspondent Mike Causey's column.

Tags: Mike Causey , Federal Report , pay and benefits , retirement , TSP hack , Greg Long , FRTIB

Thursday - 06/14/2012, 06:58am EDT

TSP executive director gives update on data breach

It's been nearly three weeks since the Thrift Savings Plan board announced a data breach of 123,000 Thrift Savings Plan, and since then, the board has been fielding questions from participants, Congress and the media. TSP's executive director answered some of the most frequently asked questions about the breach.

Tags: pay and benefits , benefits , TSP hack , Greg Long , Your Turn , Mike Causey

Wednesday - 06/13/2012, 07:29pm EDT
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