The Federal Eye: Thrift Savings Plan


Posted at 06:00 AM ET, 02/25/2014

Phishing e-mail involving TSP may have been another agency’s security test

The TSP, a 401(k)-style program, is investigating an e-mail that made the rounds of federal employees

By Eric Yoder  |  06:00 AM ET, 02/25/2014 |  Permalink  |  Comments ( 0)
Tags:  account security, phishing, security, Thrift Savings Plan

Posted at 11:56 AM ET, 02/04/2014

For federal employees, debt ceiling approach follows familiar path

The looming debt-ceiling fight has the feel of deja vu for fiscal crisis-weary feds.

By Eric Yoder  |  11:56 AM ET, 02/04/2014 |  Permalink  |  Comments ( 0)
Tags:  debt ceiling, federal employees, G fund, government shutdown, Thrift Savings Plan

Posted at 03:36 PM ET, 11/18/2013

More federal employees tapped retirement savings in shutdown

Drawdown of TSP accounts could impact long-term finances of employees who faced short-term hardships.

By Eric Yoder  |  03:36 PM ET, 11/18/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employees, furloughs, government shutdown, retirement savings, Thrift Savings Plan, TSP

Posted at 01:00 AM ET, 11/12/2013

Key 2014 financial figures for federal workers looking mixed

Pay raise not yet final, while other numbers to rise, fall, or remain the same.

By Eric Yoder  |  01:00 AM ET, 11/12/2013 |  Permalink  |  Comments ( 0)
Tags:  cola, federal employees, federal pay, federal retirement, FEHBP, public transit subsidy, Thrift Savings Plan, TSP

Posted at 09:53 AM ET, 10/10/2013

No more operating money available through Thrift Savings Plan

As the government bumps up against the debt ceiling, one place it cannot look for more headroom is the federal employee retirement savings program.

By Eric Yoder  |  09:53 AM ET, 10/10/2013 |  Permalink  |  Comments ( 0)
Tags:  debt ceiling, federal employees, G fund, Thrift Savings Plan

Posted at 09:34 AM ET, 10/01/2013

Shutdown Q and A: Federal retirement benefits

How the shutdown affects federal retirement benefits, for both active and retired employees.

By Eric Yoder  |  09:34 AM ET, 10/01/2013 |  Permalink  |  Comments ( 0)
Tags:  federal annuities, federal retirement, government shutdown, Thrift Savings Plan

Posted at 10:53 AM ET, 09/19/2013

TSP to begin recognizing same-sex marriages

Spousal rights in retirement savings plan for federal workers will depend on “jurisdiction of celebration.“

By Eric Yoder  |  10:53 AM ET, 09/19/2013 |  Permalink  |  Comments ( 0)
Tags:  defense of marriage act, rights of spouses, same sex marriage, Thrift Savings Plan, TSP

Posted at 02:35 PM ET, 08/09/2013

Rise in TSP loans, withdrawals accompanies furloughs

Federal employees have taken increasing numbers of loans and withdrawals from their retirement savings accounts in recent months.

By Eric Yoder  |  02:35 PM ET, 08/09/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employees, furloughs, loans, sequestration, Thrift Savings Plan, withdrawals

Posted at 08:02 AM ET, 07/01/2013

TSP reviewing spousal rights in light of DOMA ruling

The 401(k)-style program for federal employees is one among many potentially affected by the Supreme Court’s decision last week.

By Eric Yoder  |  08:02 AM ET, 07/01/2013 |  Permalink  |  Comments ( 0)
Tags:  defense of marriage act, Federal benefits, federal employees, spouses, Thrift Savings Plan

Posted at 10:20 AM ET, 05/21/2013

TSP investment fund again to be used for debt ceiling relief

The government once again plans to resort to a financial maneuver involving federal employee retirement savings pending an increase in the national debt limit.

By Eric Yoder  |  10:20 AM ET, 05/21/2013 |  Permalink  |  Comments ( 0)
Tags:  debt ceiling, federal employees, G fund, Thrift Savings Plan

Posted at 06:02 AM ET, 05/15/2013

Roth-style investing in TSP continues to grow

After-tax investing style has been available for a year in government's 401(k)-style plan.

By Eric Yoder  |  06:02 AM ET, 05/15/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employees, retirement savings, Roth, Thrift Savings Plan

Posted at 05:37 PM ET, 03/11/2013

TSP warns participants against free iPhone app from Apple store

The Thrift Savings Plan has warned its participants against using a free iPhone app being offered through the Apple store.

By Eric Yoder  |  05:37 PM ET, 03/11/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employees, iphone app, Thrift Savings Plan, TSP

Posted at 11:03 AM ET, 02/18/2013

Sequester could put employee TSP savings on furlough, too

Federal employees who lose income by being furloughed could end up with smaller retirement savings accounts.

By Eric Yoder  |  11:03 AM ET, 02/18/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employees, furloughs, sequester, sequestration, Thrift Savings Plan

Posted at 04:13 PM ET, 01/28/2013

Debt ceiling bill would restore G fund, at least for a while

The pending debt ceiling relief bill would end a financial maneuver under way involving the TSP's largest investment fund, although the process might be repeated in a matter of months.

By Eric Yoder  |  04:13 PM ET, 01/28/2013 |  Permalink  |  Comments ( 0)
Tags:  debt ceiling, G fund, Thrift Savings Plan

Posted at 04:39 PM ET, 01/15/2013

Thrift Savings Plan used for debt ceiling relief

The Treasury Department on Tuesday used a financial maneuver involving the Thrift Savings Plan to free up money to keep the government operating pending an increase in the federal debt ceiling.

By Eric Yoder  |  04:39 PM ET, 01/15/2013 |  Permalink  |  Comments ( 0)
Tags:  debt ceiling, disinvestment, federal employees, G fund, Thrift Savings Plan

Posted at 10:43 AM ET, 01/10/2013

TSP to consider account conversion option

The Thrift Savings Plan may allow investors to convert to Roth treatment money that was invested on a pre-tax basis.

By Eric Yoder  |  10:43 AM ET, 01/10/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employees, fiscal cliff, Thrift Savings Plan

Posted at 02:27 PM ET, 01/09/2013

TSP polls participants on favorite services

The Thrift Savings Plan is asking participants about the financial services they value the most and how it can help them feel more confident about their retirement income.

By Eric Yoder  |  02:27 PM ET, 01/09/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employees, Thrift Savings Plan

Posted at 02:50 PM ET, 01/02/2013

TSP closes books on positive 2012

Each of the investment funds available to federal employees through their 401(k)-style retirement savings program posted gains in 2012, with three stock-oriented funds leading the way.

By Eric Yoder  |  02:50 PM ET, 01/02/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employee retirement savings, Thrift Savings Plan, TSP

Posted at 06:00 AM ET, 05/07/2012

Roth TSP investing now available, for some

The long-awaited Roth feature of the Thrift Savings Plan launches today, although in practice most TSP investors will have to wait still longer.

By Eric Yoder  |  06:00 AM ET, 05/07/2012 |  Permalink  |  Comments ( 0)
Tags:  Thrift Savings Plan, Federal Employees