The Federal Retirement Thrift Investment Board conducted a survey to find out why so many former feds are withdrawing all the money from their Thrift Savings Plan accounts so soon after retirement.
A new menu of services is under consideration for participants in the Thrift Savings Plan. The TSP now has the results from a survey (and focus groups) to help them understand why people who leave government take all their money out of their accounts. Kim Weaver is director of external affairs for the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she explained who the TSP surveyed and why they asked.
Larry Fink, chief executive officer of BlackRock, spoke at a meeting Monday of the Federal Retirement Thrift Investment Board, which administers the Thrift Savings Plan.
A very experienced investment expert thinks you’re in good shape, retirement-wise. Kim Weaver is Director of the Office of External Affairs at the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she talked about the Wall Street executive that thinks between the TSP and your pension, you’re in pretty nice shape.
Young feds are too passive; older feds too hasty with their retirement savings, according to Greg Long, executive director of the Federal Retirement Thrift Investment Board. He spoke at a meeting Wednesday of the Financial Literacy and Education Commission.
Some new choices may be coming to your Thrift Savings Plan account, but you won’t see those choices for a while. First, the TSP board wants to know the best way to offer those choices. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she explained what may become part of your TSP account.
Congress has passed a bill that will automatically enroll new federal employees in the Thrift Savings Plan’s Lifecycle Funds (L Funds), rather than the Government Securities Investment Fund (G Fund).
The Federal Retirement Thrift Investment Board estimates nearly $10 billion will leave the Thrift Savings Plan this year. The Board will consider offering investment advice because they think some of the money is leaving at the advice of outside financial planners. Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, tells In Depth with Francis Rose why some of those “free” investment planning seminars might have a hidden agenda.
The Federal Retirement Thrift Investment Board issued a request for proposal for the Thrift Savings Plan’s Common Stock Fund.
A snowstorm forced the Federal Retirement Thrift Investment Board to close down one of its call centers on the busiest call day of the year.