Federal News
Thanks to the it-had-to-happen-sometime downturn in the stock market, the number of Thrift Savings Plan millionaires dropped to 100,364 in March. That’s down from the federal 401(k) plans high-water mark at the end of 2021. At that time there were … [Continue reading] about Bear market bites TSP investors
What does a Las Vegas gambling expedition have in common with timing the stock (or bond) markets? Often the same thing: In many/most cases people let their emotions rule whether at a casino or home monitoring Wall Street. Nervous folk zig when they … [Continue reading] about TSP tactics: Are you managing the market? Or is it playing you?
Getting to and from the Moon is a big deal! While not in the same league, so is retiring from the federal government. NASA astronaut Neil Armstrong did it (the Moon) in 1969. And the other, two years later, when he retired after decades of … [Continue reading] about What’s tougher: Moon landing or retiring from government?
In March, the Office of Personnel Management’s inventory of backlogged retirement claims rose once again, to a record high of 36,349. OPM received fewer and processed more claims in March than the previous two months, while also improving the monthly … [Continue reading] about Retirement backlog continues to reach record highs despite processing improvements
What if the menu at your favorite/only eating place jumped, from 15 items to more than 5,000 new choices? Could you handle it? Would you welcome the option, or find it confusing? Maybe choke on your choices? Prepare to find out: Starting later this … [Continue reading] about 5,000 new TSP options: Cheer, or choke?
