Thrift Savings Plan Enhancement Act of 2009
The `Thrift Savings Plan Enhancement Act of 2009′ is the portion of the tobacco bill that makes changes to the Thrift Savings Plan.
If you are a federal employee, you may be wondering how to plan for your retirement and make the most of your Thrift Savings Plan (TSP). The TSP is a tax-advantaged retirement savings plan that allows you to invest in various funds and options, depending on your risk tolerance and goals. On this tag page, you will find articles and resources that will help you understand the benefits and features of the TSP, as well as tips and strategies to increase your investment returns and secure your future income. You will also learn about the latest news and updates on the TSP performance, fees, withdrawals, and more. Whether you are just starting your federal career or are near retirement, these articles will provide you with valuable information and guidance on how to make the best use of your TSP.
The `Thrift Savings Plan Enhancement Act of 2009′ is the portion of the tobacco bill that makes changes to the Thrift Savings Plan.
For the third month in a row, all of the funds in the federal Thrift Savings Plan provides positive returns for investors. In fact, the past three months have been the best for the C fund index since 1938. The best return in May: 13.41% for the I Fund.
Did investors in the Thrift Savings Plan put more money into the TSP stock funds in anticipation of a turnaround or continue to pour money into the G fund?
For the second month in a row, all of the funds in the Thrift Savings Plan are higher–one of them going up 15% in April. Here are the results.
Your TSP funds have taken a big leap in the past few weeks with the S fund up about 26% since March 1st. That is good news and a reason for optimism. So, is the economic crisis now over? The current stock market is behaving much as markets did in 1938. Keep that in mind when making your investment decisions.
A bill currently working its way through Congress would allow FERS employees to count sick leave in computing their annuity payments. The same bill would also make administrative changes to the Thrift Savings Plan.
A new bill to change the regulation of tobacco has passed the House. Embedded in this legislation are changes to the Thrift Savings Plan. If Congress sees an advantage in changing a program with billions of dollars at stake and some small portion of those billions represent your personal financial future in retirement, you may want to pay attention.
Investors in the Thrift Savings Plan (TSP) stock funds are understandably discouraged. Investors have been fleeing to the safety of the G fund. When did the C fund last return more than 10% in a month? It has been almost 18 years. But here is good news: The March returns (so far) are very good for all of the stock funds and are now close to setting new records for the biggest monthly returns for these funds.
TSP investors are setting records for putting money into the G fund. Does this mean we have reached a market bottom?
This is Title IV, entitled the “Thrift Savings Plan Enhancement” which is part of HR 1256 entitled the “Family Smoking Prevention and Tobacco Control Act.”