Thrift Savings Plan
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Thrift Savings Plan
All about the Federal Thrift Savings Plan (TSP)
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Rubio Pitches Giving All Americans Access to the TSP - GovExec.com

Rubio Pitches Giving All Americans Access to the TSP - GovExec.com | Thrift Savings Plan | Scoop.it
Rubio Pitches Giving All Americans Access to the TSP
GovExec.com
All Americans should have access to the same retirement savings plan as federal employees, according to a Republican lawmaker.
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New Rule Allows TSP to Garnish Wages of Former Federal Employees - FedSmith.com

New Rule Allows TSP to Garnish Wages of Former Federal Employees - FedSmith.com | Thrift Savings Plan | Scoop.it
A new regulation implements authority for the Federal Retirement Thrift Investment Board to order a non-federal employer to withhold up to 15 percent of an employee's disposable income to pay a non-tax delinquent debt owed.
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Thrift Savings Plan (TSP) Withdrawal Options

Thrift Savings Plan (TSP) Withdrawal Options | Thrift Savings Plan | Scoop.it

The rules for your Thrift Savings Plan are pretty straightforward while you are working, but they become increasingly more complex as you enter retirement and attempt to access the money that you have saved in your TSP.gov account.

 

You have 5 withdrawal options for your Thrift Savings Plan that you can select from.

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Federal thrift savings plan assets now exceed $400 billion

Federal thrift savings plan assets now exceed $400 billion | Thrift Savings Plan | Scoop.it

On the evening of March 20, FedSmith published results from the latest minutes of the Federal Retirement Thrift Investment Board Meeting. The minutes and hand-outs for this meeting show that the total assets for the Thrift Savings Plan (TSP) are growing and, as of February, plan assets exceed $400 billion for the first time.

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Thrift Savings Plan (TSP) Benefits and Challenges - FedSmith.com

Thrift Savings Plan (TSP) Benefits and Challenges - FedSmith.com | Thrift Savings Plan | Scoop.it
The Thrift Savings Plan is an important component of your retirement plan, but it's up to you to utilize it to its full potential. The author offers some benefits and challenges of the TSP as well as some investment approaches to consider.
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Is a Lifecycle Fund the Best Choice for Your Thrift Savings Plan? - FedSmith.com

Is a Lifecycle Fund the Best Choice for Your Thrift Savings Plan? - FedSmith.com | Thrift Savings Plan | Scoop.it
Are the lifecycle funds a good investment for you? Here is a summary of how these funds are constructed so readers can ponder whether one of these funds is the best way to provide a future retirement income.
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Phishing e-mail involving TSP may have been another agency’s security test

Phishing e-mail involving TSP may have been another agency’s security test | Thrift Savings Plan | Scoop.it
The TSP, a 401(k)-style program, is investigating an e-mail that made the rounds of federal employees
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TSP loans, hardship withdrawals hit 10-year high last year

TSP loans, hardship withdrawals hit 10-year high last year | Thrift Savings Plan | Scoop.it

More Thrift Savings Plan participants withdrew money from their accounts early in 2013 than in any other year over the past decade.

The board processed a total of 291,000 loans and about 138,000 hardship withdrawals last year, according to statistics presented at the board's monthly meeting Monday.

More than 14,000 of the hardship withdrawals taken last year came during the month of October, when partisan gridlock led to a 16-day government shutdown and financial uncertainty and delayed paychecks for thousands of federal employees.

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▶ What to do with your Thrift Savings Plan when you retire| Dave Ermlick - Washington DC - YouTube

One of the perks of employment with the federal government is a retirement plan known as the Thrift Savings Plan. The question is what you should do with it ...
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Saving Money in the Thrift Savings Plan (TSP) - YouTube

Military Personal Finance Video #2
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Number of TSP Millionaires up 195% - FedSmith.com

Number of TSP Millionaires up 195% - FedSmith.com | Thrift Savings Plan | Scoop.it

The Thrift Savings Plan has provided favorable returns to stock fund investors over the past several years. One indicator is the increasing number of TSP investors with at least $1 million in their TSP accounts... according to Kim Weaver, Director, Office of External Affairs for the Federal Retirement Thrift Investment Board, there were 1,656 TSP millionaires as of December 2, 2013.

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Tapping TSP before 59 1/2 – Ask The Experts - Federal Money Matters - FederalTimes.com

Thrift Savings Plan participants may be able to avoid the Internal Revenue Service’s 10 percent penalty for withdrawing money from their accounts before they’ve reached age 59½. That’s good news for those interested in retiring before reaching that not-so-old age.

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Record number of feds made hardship withdrawals from Thrift Savings Plan - Washington Business Journal (blog)

Record number of feds made hardship withdrawals from Thrift Savings Plan - Washington Business Journal (blog) | Thrift Savings Plan | Scoop.it
Record number of feds made hardship withdrawals from Thrift Savings Plan Washington Business Journal (blog) Thrift Savings Plan hardship withdrawals hit a record high last month, showing how hard last month's 16-day government shutdown hit federal...
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The 4 Keys to Boosting Your Savings

The 4 Keys to Boosting Your Savings | Thrift Savings Plan | Scoop.it
Tips on maximizing your Thrift Savings Plan investments. (The 4 Keys to Boosting Your Savings - Tips on maximizing your Thrift Savings Plan investments.
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TSP Told to Tighten Security at Data Centers

TSP Told to Tighten Security at Data Centers | Thrift Savings Plan | Scoop.it
Board overseeing federal retirement assets says it has bolstered safeguards.
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Federal Thrift Savings Plan changing lifecycle fund allocations

Federal Thrift Savings Plan changing lifecycle fund allocations | Thrift Savings Plan | Scoop.it
On March 26, the Thrift Savings Plan (TSP) announced changes to allocations within the lifecycle funds (L funds) for federal employees. The L funds are similar
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On March 26, the Thrift Savings Plan (TSP) announced changes to allocations within the lifecycle funds (L funds) for federal employees. While the allocation changes are small ones, the TSP will be putting a higher percentage of investors' funds into the Government Securities Investment Fund (G fund) and less into the more traditional bond fund (The Fixed Income Index Investment Fund or the F fund) for the more conservative lifecycle funds.

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Changing the Automatic TSP Allocations for New Employees - FedSmith.com

Changing the Automatic TSP Allocations for New Employees - FedSmith.com | Thrift Savings Plan | Scoop.it
A bill introduced this week would alter the automatic TSP investments for new federal employees. Here are the details.
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TSP board considers rebranding Lifecycle Funds

TSP board considers rebranding Lifecycle Funds | Thrift Savings Plan | Scoop.it

The Federal Retirement Thrift Investment Board is eyeing another potential tweak to the Thrift Savings Plan's Lifecycle Funds — their name.

 

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This is why you invest in your 401k

This is why you invest in your 401k | Thrift Savings Plan | Scoop.it
Got a quarterly statement from the Thrift Savings Plan (the government version of a 401k) yesterday and it tickled my fancy in ways my fancy has never been tickled before. There was a good amount o...
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Fewer Participants, More Assets at TSP

Fewer Participants, More Assets at TSP | Thrift Savings Plan | Scoop.it
Officials hope feds come back to the Thrift Savings Plan in early 2014.
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▶ The Maximum Thrift Savings Plan Contribution - YouTube

The TSP or Thrift Savings Plan, Is the retirement system for a wide range of governemnt employees. The United States Postal Service uses the plan as well as ...
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Thrift Savings Plan "Singing Jody Call" - YouTube

Audio commercial and video produced for the Army Thrift Savings Plan.
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TSP seeks to supplant G Fund in automatic enrollments

TSP seeks to supplant G Fund in automatic enrollments | Thrift Savings Plan | Scoop.it

Instead of being automatically enrolled solely in government securities, new plan participants would be shifted to an age-appropriate Lifecycle, or L, Fund as their default investing option under a proposal approved by the Federal Retirement Thrift Investment Board Monday.

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Fedweek: TSP Becomes Available for Reserve Component | Armed Forces News

Following an Oct. 1 upgrade of the Defense Finance and Accounting Service (DFAS) pay system, reservists and National Guard members began exercising their option to [...]
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