Has Your TSP Hit Bottom Yet?
The ideal time to transfer money from the G fund and back into the TSP stock funds is when the market reaches a bottom and is about to start heading back up. Have we reached that point with the current stock market?
The ideal time to transfer money from the G fund and back into the TSP stock funds is when the market reaches a bottom and is about to start heading back up. Have we reached that point with the current stock market?
A couple of readers pointed out that in the initial posting of a column last week, we made an incorrect statement about the content of an article in the Washington Post. They were right.
How will you vote in this year’s presidential election (or how did you vote if you have already voted)? Take this survey and send in your opinion. We will publish the results later this week.
Open season will soon be upon us. Retirement expert John Grobe says that this is a good time to look at the “five-year requirement” for federal employee health insurance and life insurance and how this requirement may impact your retirement.
For those who make a career of living and working within the federal establishment, the view of people and their accomplishments can become one-dimensional with clear delineations between what is good and what is bad. Special Counsel Scott Bloch is departing. Many in the government community are applauding and the media is happily joining in.
How much is your career as a federal employee worth? A Senior Border Patrol Agent was fired for shoplifting about $96 worth of goods.
FLRA Chairman and member confirmed by the Senate providing a quorum that permits decisions to be issued. The nomination for General Counsel at the FLRA is still pending.
Declines in the value of the stock market are leading to proposed changes in retirement plans and complaints from a few investors that the TSP is taking money from their pockets by placing unreasonable restrictions on trading TSP funds. Here is a summary and a response from a TSP official that gives a more in-depth description of TSP expenses in the TSP funds that will interest to all TSP investors.
At 5.8%, the 2009 COLA will be the highest increase for federal retireesin about 25 years.
As the current stock market doldrums drag on and the value of TSP stock funds dwindle, some TSP investors have been busy moving billions of dollars into the safety of the G fund and out of the TSP stock funds.