Most of the retirement nest-egg money federal investors have socked away is in the super-safe, never-has-a-bad-day Treasury securities G fund. But Senior Correspondent Mike Causey wonders how safe is safe.
The House Oversight and Government Reform Committee will consider a series of bills this week that could impact the federal workforce. Among them is legislation that would give participants more options to withdraw investments from the Thrift Savings Plan.
Dan Magneson, a fish biologist with the U.S. Fish and Wildlife Service, discusses how decisions he made 25 years ago led to an unexpected retirement windfall.
Have you protected your TSP from the next stock market crash? Financial planner Arthur Stein will explain what you should be doing now to protect your financial assets when he joins host Mike Causey on this week’s Your Turn. July 5, 2017
Thrift Savings Plan returns slowed in the month of June, though only two funds dipped in the red. The S and I funds saw the most significant changes, both positive and negative, in June compared to the previous month’s returns.
There are three ways federal investors can join the million-dollar Thrift Savings Plan club. Senior Correspondent Mike Causey says investing steadily produces the most millionaires.
House Oversight and Government Reform Committee Ranking Member Elijah Cummings (D-Md.) and Government Operations Subcommittee Chairman Mark Meadows introduced the TSP Modernization Act, which would give participants in the Thrift Savings Plan more options and flexibility to withdraw from their accounts. It’s a companion bill to the legislation Sens. Tom Carper (D-Del.) and Rob Portman (R-Ohio.) introduced in April.
Tom Walker, founder of Walker Capital Preservation Group, Inc., outlines basic questions every federal employee should ask themselves as they develop their plan for retirement.
The Federal Retirement Thrift Investment Board, the agency that administers the Thrift Savings Plan, is also keeping a close eye on 2018 budget process. The board says the proposed changes to the federal retirement system included in the president’s budget request could have significant impacts for retirees and how they participate in the TSP.
While one fund took an unexpected downturn into the red, the rest of the federal retirement funds generally posted higher returns last month or remained relatively unchanged.
Do you know what’s in your federal benefits package? If not you should. Federal benefits expert Tammy Flanagan will explain why when she joins host Mike Causey on this week’s Your Turn. May 31, 2017
Rep. Steny Hoyer (D-Md.) said he will make the case to fellow lawmakers that it’s the wrong time to cut federal employee benefits as the unemployment rate is low.
Senior Correspondent Mike Causey says the greatest fear of retirees who don’t get a pension from work or an inflation adjustment is running out of money.
Are you worried about running out of money? This week on Your Turn, financial planner Arthur Stein joins host Mike Causey to discuss how long your investments should last during retirement. May 24, 2017