Showing posts with label TSP. Show all posts
Showing posts with label TSP. Show all posts

Sep 29, 2023

Most TSP portfolios stumbled in August


Most TSP portfolios stumbled in August


'...The only fund in the federal government’s 401(k)-style retirement savings program that finished last month in the black was the G Fund, which increases at a statutorily mandated rate each month. ...The Thrift Savings Plan’s G Fund, which is made up of government securities and grows at a statutorily mandated rate each month, gained 0.35% in August, bringing its gains since January to 2.62%. But every other fund in the program fared worse. The small- and mid-size businesses of the S Fund saw the worst declines...'


Reference: www.govexec.com
Tags: G Fund,TSP,Bidenomics,


Mar 12, 2019

White House Revives Retirement Cuts in 2020 Budget Proposal


White House Revives Retirement Cuts in 2020 Budget Proposal


'...do away with the FERS supplement for workers forced to retire before age 62, when Social Security kicks in. The Trump administration also proposed reducing payments to retirees by basing annuities on the average of workers’ highest five years of salary...'


Reference: www.govexec.com
Tags: Destruction of America's Working Class, The destruction of FERS benefits, FERS, TSP, G Fund, FERS supplement, Special Retirement Supplement (SRS), Employers with High Rates of Employed Military Veterans Being Attacked,

Apr 10, 2017

TSP investing: Read how a TSP investor became a millionaire the hard way. You can too!


TSP investing: What would Einstein do?


'...Many, if not most, of the current crop of TSP millionaires did it the hard way. They didn’t bring money into government from their outside retirement accounts. They invested for decades, stuck with the C and S funds (stock indexed)...'


Reference: federalnewsradio.com
Tags: TSP, TSP Millionaire, Investing in the TSP, Tips for TSP,

Nov 30, 2016

What's Happening with Retirement


What's Happening with Retirement


'...in the active workforce CSRS people are seen as kind of a favored sub-category, with a civil service annuity formula producing a benefit roughly double what FERS people earn, for the same years of service and the same high-3 salary level. (The Social Security component of FERS and the employer contributions to the TSP there were designed to make up the difference. Whether they do is another question, one that you can get answered by asking any FERS person whether he or she would rather have CSRS.)...'


Reference: www.fedweek.com
Tags: CSRS vs FERS, Social Security, TSP, Federal Retirement,

May 27, 2012

TSP hit by sophisticated cyber attack - personal information stolen


Hackers hit Thrift Savings Plan


'...A cyber attack has potentially stolen the personal information of as many as 123,000 government employee Thrift Savings Plan participants, according to Reston-based Serco Inc., which supports the Federal Retirement Thrift Investment Board....'


Reference: www.bizjournals.com
Tags: TSP, Cyber attack,

Nov 30, 2011

Thrift Savings Plan I Fund


TSP's I Fund brings 'true diversification' to portfolio


'...there's more to the TSP than just those two funds...'


Reference: federal-retirement.blogspot.com
Tags: I Fund, TSP, FERS, CSRS