The National Active and Retired Federal Employees Association asked Congress to suspend the requirement that retirees age 72 and older take distributions (RMDs) from retirement savings accounts such as the Thrift Savings Plan more…
Thrift Savings Plan (TSP)
TSP Issues Notice on Changes to Participant Statements
Due to a recent transition of the Thrift Savings Plan’s recordkeeping services, there are several changes that affect delivery of statements — and the way contributions and beneficiaries are displayed more…
Lawmaker Requests Meeting with TSP to Discuss Ongoing Problems with New Online System
Since the rollout of new features on the Thrift Savings Plan’s website earlier this month, federal employees and retirees ave reported numerous issues including information not being properly transferred and taxes not being properly allocated more…
What Are the Lifecycle Funds in the Thrift Savings Plan?
Federal retirement expert, Chris Kowalik, discusses the objectives of the L Funds and determining if they are right for you more…
Divorce and Federal Employees – Part III: Court Orders and the Thrift Savings Plan
Federal benefits expert, Ed Zurndorfer, outlines the various ways a divorce could affect a federal employee’s TSP account more…
Legislation Would Ban ESG Investments in Thrift Savings Plan
If passed, the No ESG at TSP Act would prohibit the TSP from allowing participants to invest their retirement savings into funds that make investment decisions based on environmental, social, governance, or political criteria more…
Thrift Savings Plan’s Website Resumes After Blackout Period to Add New Features
All TSP participants are required to establish a new login to regain access to their account on TSP. gov more…
Senators Urge TSP to Cancel Mutual Fund Window
The senators believe the new program could expose the investments of TSP participants to Chinese companies, including ones currently sanctioned or otherwise blacklisted for the threat they pose to U.S. national security more…
Recently Proposed IRS Regulations on New 10-Year RMD Rule Are a Surprise – Part 3
Federal benefits expert, Ed Zurndorfer, explains how the SECURE Act rules for required minimum distribution affect trusts as IRA and workplace retirement plan beneficiaries more…
Recently Proposed IRS Regulations on New 10-Year RMD Rule Are a Surprise – Part 2
In part 2 of this 3-part series, federal benefits expert, Ed Zurndorfer, explains RMD rules for inherited Roth IRAs and for successor beneficiaries of traditional inherited IRAs and workplace retirement plan participants such as the Thrift Savings Plan more…