Thrift Savings Plan News 
Top News
- IRS to pay $70M in bonuses, Grassley says
- Small companies won't feel effect of lowered contractor pay cap
- Senators push Tangherlini for assurances GSA is improving
- As VA works to eliminate one backlog, one more might emerge
- BRAC-like commission proposed to hunt down government cost savings
- Sequestration claims another conference: DHS's GFirst cyber event
- Postal Service closing Capitol Hill post offices in 'symbolic' move
- Senators seek cost cuts for F-35 fighter jet
- Fed pens new furlough song
- Web guru Dorris brings new life to government websites
- EPA CIO Jackson returning to private sector
- Navy strikes enterprise licensing deal with Oracle
- Contractors with security clearances lack path to report problems
- NSA leak case gives vendors reason to reevaluate personnel
- 8 contract executives guilty of 8(a) contracting fraud
- Whistleblower suit leads to $12M false claims settlement by SAIC
Latest TSP News
| Thrift Savings Plan Ticker | ||||
|---|---|---|---|---|
| Close | Change | YTD | ||
| L Income | 16.1908 | -0.05 | 2.99% | |
| L 2020 | 20.0859 | -0.17 | 7.00% | |
| L 2030 | 21.2123 | -0.23 | 8.77% | |
| L 2040 | 22.1524 | -0.27 | 10.08% | |
| L 2050 | 12.3802 | -0.17 | 11.27% | |
| G Fund | 14.1214 | 0.00 | 0.62% | |
| F Fund | 15.7568 | -0.10 | (0.76%) | |
| C Fund | 20.7971 | -0.29 | 15.38% | |
| S Fund | 28.3747 | -0.38 | 16.91% | |
| I Fund | 22.2423 | -0.42 | 6.46% | |
| Closing price updated at approx 6pm EST. each business day. More at tsp.gov. | ||||
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.
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.
Covering your assets
Host Mike Causey will talk retirement, the TSP, and more with attorney Tom O'Rourke and Federal Times senior writer Stephen Losey.
May 30, 2012
Alice In Wonderland's TSP Account
Is it the crime or the coverup that counts most? In the case of the TSP hacking case should the focus be on finding out who done it, or should we go after who it was done to — as in who let it happen? Was it a coverup and who knew what when ...
TSP Hackers: The Naked Truth
Did you ever wonder why people in nudist camps play volleyball instead of poking sticks into bee hives? Think about it ... and then apply that logic to the recent identify theft attack on your Thrift Savings Plan account data.
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.
TSP funds not enjoying springtime in Europe
Six of the eight Thrift Savings Plans funds are down over the last month. The I and S funds have taken the biggest hits. The Federal Retirement Thrift Investment Board said the rollout of the Roth TSP option has been slow, but should pick up in the next few weeks.
Retirement and insurance
Joan Melanson from Long Term Care Partners and
retirement benefits specialist James Marshall will
talk about the retirement and insurance options
that feds should consider.
May 18, 2012
Roth TSP is NOT a Roth IRA!
Do you know the difference between a Roth IRA and the Roth TSP option? Because if you don't, it could cost you thousands of dollars in taxes and in future income when you retire, Senior Correspondent Mike Causey says.
Bill automatically increases feds' TSP contributions
Sen. Daniel Akaka (D-Hawaii) introduced legislation Monday that would automatically increase new federal employees' contribution rate to their federal 401(k) style Thrift Savings Plan. the "Save More Tomorrow Act," would automatically escalate the contribution annually by 1 percent for the two years following enrollment. That gradually raises the contribution rate to 5 percent, making employees eligible for matching contributions from their agencies.
The A-Z of the TSP
Hosts Bob Leins and Tammy Flanagan discuss the Roth TSP with the Federal Retirement Thrift Investment Board's executive director, Greg Long, Director of External Affairs Kim Weaver and Assistant General Counsel Laurissa Stokes.
May 14, 2012
The ABC's of the TSP
Hosts Bob Leins and John Elloitt discuss the Roth TSP and whether the plan is right for you.
May 7, 2012
5 things feds should know about Roth TSP
The Thrift Savings Plan's Roth option rolls out today. The Federal Retirement Thrift Investment Board has been preparing for the new program for two years now, but despite the big push today many federal employees will actually have to wait to enroll in the new program. One of the largest federal payroll processors needs more time to upgrade its systems in preparation for the Roth option. Find information about which agencies are affected, as well as the five things feds should know about the Roth TSP below.
TSP returns stall in April
Thrift Savings Plan figures, which had been in an upward climb, appear to have stalled in April, with seven of the 10 funds finishing in the red last month
Feds satisfied with TSP, survey finds
Of the more than 8,200 respondents, 86 percent were satisfied with TSP, according to the survey by the Federal Retirement Thrift Investment Board.
Estate planning
Estate planning specialist Marc Levine provides tips on how to prepare for your family's financial future.
April 30, 2012
Provision to transfer leave to TSP one step closer to law
Registered employee benefit consultant Ed Zurndorfer joined The Federal Drive with Tom Temin and Emily Kopp to explain this provision, and other proposals that Congress is considering that impact your wallet.
How to know if you'll be happy in retirement
Career coach Mike Townshend talks about what feds should think about as they plan for their retirement.
April 23, 2012
House to vote on partial retirement for feds
In a rare bipartisan move, the House oversight committee voted to bring a bill allowing phased retirements of federal employees to the floor for a general vote.
The TSP program and the new federal employee
Economist Dave Redden joins host John Elliot to talk about investment options for federal employees.
April 16, 2012
