Pay & Benefits

TSP Portfolios Continue Gains, But Fail to Make Up Earlier Losses

Although all of the funds in the federal government’s 401(k)-style retirement savings program posted modest increases in May, it was not enough to make up for the economic crash at the start of the coronavirus pandemic.

Pay & Benefits

Lawmaker: White House ‘Overstepped its Authority’ in Demanding TSP Abandon I Fund Changes

Chairman of House Oversight and Reform subcommittee says instructing the Thrift Savings Plan not to shift international investments to a broader index effectively “politicized” the independent agency.

Pay & Benefits

TSP Announces Upcoming COVID-19 Loans, Withdrawals

New loan and withdrawal options enacted through the CARES Act will become available in June and July, respectively, while officials have noted other options for participants to access their money are already in place.

Pay & Benefits

TSP Board Delays International Fund Change Amid White House Pressure

Although board members stated the pause was because of the turmoil caused by the worldwide coronavirus pandemic, they pleaded with their newly nominated replacements not to allow politics to enter the decision-making process.

Pay & Benefits

How to Keep Your TSP Account Secure in the Era of COVID-19

Scammers and fraudsters are taking advantage of the novel coronavirus pandemic to target online financial accounts. 

Pay & Benefits

White House Orders TSP Board to Halt International Fund Index Change

After months of lobbying, President Trump has intervened in the independent agency’s decision to shift foreign investments to a more expansive index of international firms.

Pay & Benefits

Trump Moves to Replace TSP Board Members, Prompting Concerns of Politicization

The nomination of three new board members follows months of lobbying by Republican lawmakers and advocacy groups to stop the Thrift Savings Plan from changing its international fund to include investments in Chinese companies.

Pay & Benefits

TSP Portfolios Bounce Back after March Losses

All funds in the federal government’s 401(k)-style retirement savings program posted gains last month, as the stock market began to rebound from a historic fall.

Pay & Benefits

TSP Officials Report Continuous Service Despite Coronavirus, Market Volatility

Officials at the federal government’s 401(k)-style retirement savings program said although the agency saw a record number of inter-fund transfers, most participants are sticking with their investment plan.

Pay & Benefits

TSP Returns Plummet Amid Coronavirus Worries

Nearly all of the offerings in the federal government’s 401(k)-style retirement savings program took a dive last month, mirroring volatility across the stock market.

Pay & Benefits

TSP to Increase Auto Enrollment to 5% Later This Year

Proposed regulations would increase the rate at which federal employees automatically contribute to their Thrift Savings Plan accounts from 3% to 5% beginning in October.

Pay & Benefits

Most Federal Employee Retirement Funds Struggle to Start the Year

After a strong 2019, most portfolios in the federal government’s 401(k)-style retirement savings program ended January in the red.