Pay & Benefits

Most TSP Funds Rebound to End 2021

All but one of the portfolios in the federal government’s 401(k)-style retirement savings program finished December in the black.

Pay & Benefits

TSP Funds Bounce Back After Rough September

Only one offering in the federal government’s 401(k)-style retirement savings program ended October in the red.

Pay & Benefits

Senators Urge TSP to Include Diverse Managers in Mutual Fund Window

Group of Democratic lawmakers cites multiple studies that found that women- and minority-run asset managers were more likely to outperform financial markets.

Pay & Benefits

TSP Portfolios Fall for First Time Since January

After an extended period of steady growth, nearly every fund in the federal government’s 401(k)-style retirement savings program ended September in the red.

Management

Biden Nominates Ex-Merit Systems Protection Board Chair for Labor Authority

The White House also announced plans to nominate a new slate of Democratic appointees to the board that oversees the Thrift Savings Plan.

Pay & Benefits

TSP Funds Show Modest Gains in July

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

Pay & Benefits

Most Funds in TSP Post Continued Growth in June

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

Pay & Benefits

TSP Can Do More to Assess Financial Risk of Climate Change, Watchdog Finds

GAO urged the federal government’s 401(k)-style retirement savings program to conduct a more thorough review of participants’ exposure to climate change-related risks next year.

Workforce

GovExec Daily: What to Do About the Politicization of the TSP

GovExec contributor Dallen Haws joins the podcast to discuss Congress and the White House meddling in the Thrift Savings Plan.

Pay & Benefits

Most TSP Funds Continue Upward Trend in May

Only one portfolio in the federal government’s 401(k)-style retirement savings program lost value last month.

Pay & Benefits

Two New Retirement Savings Bills Could Impact TSP

Officials at the Thrift Savings Plan said both bills aimed at making it easier for older Americans to get ready for retirement require changes to be implemented faster than is possible.

Pay & Benefits

Biden Climate Edict Could Spell End for TSP Fossil Fuel Investments

The president’s executive order aimed at incorporating “climate-related financial risk” into federal budgeting also instructs officials to review how the Thrift Savings Plan considers risks from climate change in its decision-making.