Stocks Drop in June and for the Year
The stock market is off to its worst start since the first half of 2002 as all of the stock funds in the Thrift Savings Plan dropped in June.
The stock market is off to its worst start since the first half of 2002 as all of the stock funds in the Thrift Savings Plan dropped in June.
FedSmith is continuing to grow and expand. We hope all of our readers enjoy this upcoming holiday weekend to celebrate the birth of our country and the privileges we enjoy. We are using the holiday to increase our computing capacity. Here is the underlying philosophy for our website and why we publish articles we know some in our community may not find agreeable.
Author Robert Benson wrote an article this week on the use of a privately owned vehicle while conducting business on behalf of the federal government. The article generated numerous comments. Rather than responding to each comment, here is his overall response to those readers who took the time to send in their reaction to the article.
Turning accumulated savings in the Thrift Savings Plan (TSP) into a stream of income is a goal for federal employees who are hoping to retire at a comfortable level. This is particularly true for FERS employees who get a less generous pension than employees who are covered by CSRS.
Investors in the Thrift Savings Plan often move money into or out of the G fund and the TSP stock funds depending on how the market has been reacting. Here is what happened in the past two months.
Widespread use of privately owned vehicle commitments would mean a dramatic reduction in motor pools and a net savings for the taxpayer.
An Administrative Law Judge with SSA lost his job after being removed for using government computers to store photos of a personal nature.
A Postal Service supervisor found his 15-year career abruptly ended when the agency caught him “padding” his time and attendance records.
How have the administration and BP performed in handling the oil spill in the Gulf of Mexico? What are the political implications for the November elections? Readers voiced their strong opinions on the topic in last week’s survey. Here are the results.
Here are a few examples of how, with almost no effort on your part, you can make many situations easier for your colleagues–and earn a reputation as a diligent and thoughtful professional.