Federal News
According to several new studies, younger workers in the private sector plan to retire earlier than colleagues who are 10 or 20 years older. Most of those surveyed did NOT work for Uncle Sam. But the concept of shorter careers by age group seemed … [Continue reading] about Inflation: Time to reset your retirement pull date?
Aside from the securities-backed G fund, Thrift Savings Plan funds closed out the first month of 2022 with lower returns than the month before, effectively clearing out any gains made over the last year. After a boom in December, which saw the stock … [Continue reading] about Most TSP returns dip to start the new year
If you are one of the 6 million active, retired and former feds with a TSP account you may have concluded that the good old days — a 20% growth in the stock market — may be in the rear view mirror. In other words, the long-anticipated “correction” … [Continue reading] about Navigating a choppy (sinking?) stock market
Planning for retirement isn’t, to beat an old term to death, rocket science. But it isn’t always easy and skipping some steps, or panicking at the wrong time can have a price tag. One that can last a lifetime. Take the January 2022 cost of living … [Continue reading] about The ‘Phantom’ COLA and other retirement mysteries
The agency that manages the Thrift Savings Plan has completed a modernization of its financial systems, after spending more than a year on the project. The Federal Retirement Thrift Investment Board (FRTIB), together with the Interior Department’s … [Continue reading] about TSP completes 15-month financial systems modernization, replacing legacy IT
