Thrift Savings Plan

TSP Board Nominees Skeptical of China Investment, but Pledge Independence

All three of President Trump’s picks suggested that investing feds’ retirement money in Chinese companies could be too risky, but said they would base any decisions within their fiduciary responsibility to participants.

Most TSP Funds Continued Ascent in August

Only one portfolio in the federal government’s 401(k)-style retirement savings program ended last month in the red.

Survey: Vast Majority of TSP Participants Are Satisfied With the Retirement Savings Program

Although satisfaction levels are slightly down compared with 2017, officials with the federal government’s 401(k)-style retirement savings program said that is likely due to market volatility at the time of the survey.

GovExec Daily: Is it Time to Privatize the TSP?

W. Lee Radcliffe joins the podcast to discuss his post suggesting private business can administer the Thrift Saving Plan as well or better than the government.

It’s Time to Consider Privatizing the Thrift Savings Plan

Index fund investing has become a commoditized business, and the private sector can perform the service just as well or better than the government.

Read This Before You Tap Your TSP to Pay Off Your House

You have a mortgage, but you also have enough money to pay it off. Should you?

TSP Posts Gains as New Funds Come Online

The stock market gave a warm welcome to the new lifecycle funds, now available in five-year increments.

TSP Officials Provide Update on CARES Act, New Lifecycle Funds

In just 16 days, more than 13,000 Thrift Savings Plan participants have taken advantage of a temporarily available withdrawal option offered as part of the federal government’s response to the coronavirus pandemic.

GovExec Daily: Updating Recent TSP News

Erich Wagner joins the podcast to discuss how the pandemic is affecting federal retirement.

Senator Calls for New Opt-In Period for Military's Blended Retirement System, More Financial Literacy

A new bill from Sen. Patty Murray, D-Wash., would require service members to "affirmatively" choose between enrolling in the blended retirement system or a traditional military pension.

TSP Outlines Impact of New Lifecycle Fund Implementation

Next week, officials at the federal government's 401(k)-style retirement savings program will begin offering lifecycle funds in five-year increments, moving the options in line with private sector counterparts.

TSP Announces CARES Act Loans Now Available

Federal workers and retirees who have been impacted by the coronavirus pandemic may now take advantage of favorable loan terms on their retirement accounts.

TSP Board Chairman to Resign Following White House Intervention in Retirement Program

Michael Kennedy has served on the board for a decade, overseeing several major initiatives including implementing an employer match for military service members through the blended retirement system and making it easier for participants to access their money.