Pay & Benefits

Federal retirement savings plan opens 2024 with a mixed bag

Only two of the five core funds within the federal government’s 401(k)-style retirement savings plan posted gains last month.

Pay & Benefits

Election years and the TSP

COMMENTARY | Investing during election years is an exercise in not letting your emotions drive your decisions, says one financial advisor.

Pay & Benefits

TSP portfolios end 2023 on a high note

Each of the funds in the federal government’s 401(k)-style retirement savings program finished December in the black.

Pay & Benefits

TSP and the magic of compound interest

A few things to consider when deciding if you should contribute to the Thrift Savings Plan.

Pay & Benefits

TSP portfolios rebounded in November

After three straight months where nearly every fund in the federal government’s 401(k)-style retirement savings program lost value, all funds finished last month in the black.

Pay & Benefits

TSP board OKs new international fund index, this time without China

A previous effort to move the I Fund to a broader benchmark index, which included investments in Chinese corporations, met opposition from the Trump administration and Republican lawmakers.

Pay & Benefits

TSP funds’ tumble continues into October

Once again, only one portfolio in the federal government’s 401(k)-style retirement savings program finished last month in the black.

Pay & Benefits

TSP: SECURE 2.0 Act contribution limit changes coming in 2026

The federal government’s 401(k)-style retirement savings program will use the entire two-year “transition period” to implement new rules governing how older workers can make catch-up contributions as they approach retirement.

Pay & Benefits

World Investor Week: Learn more and protect yourself

The global campaign promoted by the International Organization of Securities Commissions aims to raise awareness about the importance of investor education and protection.

Pay & Benefits

TSP funds continued to fall in September

For the second straight month, the vast majority of the portfolios in the federal government’s 401(k)-style retirement savings program declined in value.

Pay & Benefits

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.

Pay & Benefits

IRS announces two-year delay to TSP catch-up contribution changes

New rules requiring high-income 401(k) participants to make catch-up contributions only to Roth accounts will not take effect until 2026.

Pay & Benefits

TSP contribution limits will increase again next year, consultants predict

This would mark the third straight year that the federal government’s 401(k)-style retirement savings plan and similar private sector programs see a boost in their annual contribution limits.

Pay & Benefits

Do you know what your TSP is for?

When you were first hired, your retirement benefit may have been described to you as a three-legged stool: pension, Social Security, and TSP savings. One financial planner advises feds not to shortchange the last leg.

Pay & Benefits

Most TSP funds continued their upward trend in July

Only one of the portfolios in the federal government’s 401(k)-style retirement savings program ended last month in the red.

Pay & Benefits

TSP funds bounce back following debt limit uncertainty

Only one of the federal government’s 401(k)-style retirement savings plan’s portfolios finished June in the red.

Pay & Benefits

Saving for retirement in your TSP with a federal annuity: How much is enough?

Planning for retirement with a federal pension is different from planning for retirement without one.

Pay & Benefits

TSP Participants Sue Agency Over ‘Botched’ Recordkeeper Transition

A class action lawsuit filed last week alleges that the federal government’s 401(k)-style retirement savings program repeatedly failed to pay out participants’ withdrawal and loan requests for months following the transition to a new recordkeeping vendor.

Pay & Benefits

TSP Portfolios Report a Mixed Bag of May Returns

Most of the funds in the federal government’s 401(k)-style retirement savings plan finished last month down, amid concerns that the United States could breach the debt limit.

Pay & Benefits

TSP Returns Stayed Mostly Positive for April

All but one of the five individual funds in the retirement savings program grew for the month, and all were in the black so far for the year.