About half of all thrift savings plan account holders move their money to an outside IRA or other investment option when they leave federal service. So who is right, and what is your plan?
Thomas Jones, a federal systems engineer for Bay Dynamics, makes the case for agencies to define which assets are the most important to the mission.
The Veterans Affair and Defense department are taking on something that rarely succeeds — changing culture and technology all at once.
The Professional Managers Association is telling fed-postal-retirees to stay alert as federal retirement contribution changes are proposed by the Trump administration.
Congressman Phil Roe, the chairman of the Veterans Affairs Committee, said during an interview on the Federal Drive that veterans would receive better care in the private sector.
Jeff Neal, former DHS CHCO, looks at the recent proposals from OPM and OMB that would freeze federal pay for a year and decrease federal employee compensation.
The Trump administration’s plan to totally eliminate inflation protection for federal retirement, while requiring workers to pay more for smaller lifetime retirement benefits, is the ultimate deal-breaker for most people.
It’s hard to find a program mission with more clarity than control of an invasive species like feral swine.
When it comes to the federal Thrift Savings Plan, financial planner Arthur Stein says the average doesn’t tell you everything because TSP stock funds do not have many “average” years.
COLAs are based on the rise in inflation, as measured by the Consumer Price Index-W, from the third quarter year over year. It’s possible the January COLA will be less if living costs drop, but that is unlikely given the year-long rise in oil-prices, one of the chief drivers of inflation.