TSP Relaxes Hardship Withdrawal Rules to Help Hurricane Harvey Victims
The TSP has announced temporary relaxation of its hardship withdrawal rules to help victims of Hurricane Harvey.
The TSP has announced temporary relaxation of its hardship withdrawal rules to help victims of Hurricane Harvey.
The I fund was down in August but still leads all funds in 2017 and for the past 12 months.
Customs and Border Protection announced it has awarded contracts for construction of concrete border wall prototypes.
The House Oversight Committee has taken an interest in the IG investigation that concluded the Postal Service violated the Hatch Act during the 2016 elections.
President Trump has issued a letter announcing the alternative federal pay raise for 2018 will average 1.9%.
Congress is looking for ways to reduce expenses. The $93 billion spent on federal retirement is a big target.
The last government shutdown cost the government roughly $24 billion and now the threat is looming again. Besides impacting federal employees, the author notes that many other businesses and services can also be affected.
Based on past experience, the TSP may provide aid to federal employees impacted by Hurricane Harvey via hardship in-service withdrawals.
No action is currently being taken to add new locality pay areas. Here is a summary and a prognosis for adding new ones in January.
My spouse is retiring and has over $300,000 in his 401(k) plan. How would he go about rolling this over to the TSP?