Thrift Savings Plan

GovExec Daily: What the TSP Changes Mean For Feds

Erich Wagner joins the podcast to discuss the ways the retirement savings plan is shifting, on the board and with its service provider.

TSP Participants Bemoan Bumpy Recordkeeper Transition

Federal employees and retirees have reported problems with setting up new accounts for online access to the federal government’s 401(k)-style retirement savings program, and the agency’s call center has been deluged.

Most of Biden's TSP Nominees Are Free to Be Confirmed, Now That GOP Senators Have Lifted a Hold

The lawmakers changed course after the nominees committed to being “highly skeptical” of proposals to include Chinese investments in the Thrift Savings Plan’s offerings.

GOP Senators Issue a Last-Minute Demand that the TSP Delay Mutual Fund Window

With just a week before the federal government’s 401(k)-style retirement savings program begins offering mutual funds to its participants, some lawmakers warned it could lead to federal employees investing in China.

Republican Senators Are Holding Up TSP Board Nominees Over Abandoned I Fund Changes

Three Republican senators have demanded that Thrift Savings Plan board nominees never shift the I Fund’s investments to track a more comprehensive market index that includes Chinese investments.

Some Labor Authority and TSP Nominations Are Delayed After a Deadlocked Committee Vote

Although most of the nominees sailed through by voice vote, three of Biden’s key picks to govern federal labor relations and the federal government’s 401(k)-style retirement savings program were deadlocked in party-line votes.

OPM's IG and TSP's Board Nominees Pledge to be Impartial in Roles

President Biden’s pick to chair the Federal Retirement Thrift Investment Board became the latest in a string of nominees to apologize to senators for past tweets about Republican lawmakers.

Nearly All TSP Funds Have Fallen for a Second Straight Month

Only two of the portfolios in the federal government’s 401(k)-style retirement savings program ended February in the black.