The stock market is down about 40 percent from its 2007 high point. But you probably knew that. While it is perfectly human to personalize things, especially when we take a hit, the fact of…
More folks then ever are digging into their 401(k)s. We have the pros and the cons for this latest trend from Tom Trabucco, Director of External Affairs at the Federal Retirement Thrift Investment Board.
Federal and postal investors are entitled to feel a little bit smug as they follow what could be a landmark pension management case involving one of the nation’s biggest firms. Senior Correspondent Mike Causey says so can the people who set up and run the federal Thrift Savings Plan.
Lockheed Martin faces a class-action lawsuit against 120,000 employees for how it handles their 401(k) retirement plans. The case focuses on whether the company’s provider made the employees pay higher fees than they needed to and made bad investment decisions. Federal News Radio Senior Correspondent Mike Causey says there isn’t a direct connection between the Lockheed Martin case and federal employees. But he told Federal News Radio’s Sean McCalley they should pay attention to what happens afterward.
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.
If the Thrift Savings Plan is so good, why do roughly half of all investors take their money out of the TSP when they retire?
Senior Correspondent Mike Causey says feds still have time — retirement changes aren’t set in stone (or legislation) yet.
Senior Correspondent Mike Causey asks which of the long list of proposed changes to federal retirement is most likely to succeed.
Senior Correspondent Mike Causey says 90 percent of the federal workforce will be hit hard if the GOP plan to trim contributions to 401(k) plans becomes law.
Though federal employees avoided $32 billion in potential cuts to the current retirement system in the 2018 budget resolution, Sen. Ben Cardin (D-Md.) said he’s still keeping an eye on familiar proposals that lawmakers may tie to new tax reform policies.