The board that oversees the Thrift Savings Plan issued a final rule Wednesday in the Federal Register amending a reamortization rule for loans made from the 401(k)-style retirement plan. The Federal Retirement Thrift Investment Board’s final rule combines the accrued interest of a loan made out of the TSP with its outstanding principal, allowing the federal employee
Following months of disappointing returns, the federal government’s 401(k)-style retirement savings plan returned to positive territory in May, with all but one portfolio finishing the month in the black. The Thrift Savings Plan’s S Fund, made up of small- and mid-size businesses, led the way, growing 7.21% last month. Despite those gains, the S Fund
Sen. Richard Blumenthal, D-Conn., thinks that the Veteran Affairs Department is moving too slowly in its efforts to implement legislation signed into law in January. Blumenthal, the ranking member of the Senate Veterans’ Affairs Committee, aired his concerns that the department dragging its feet in implementing the Senator Elizabeth Dole 21st Century Veterans Healthcare and Benefits Improvement Act
The federal government’s 401(k)-style retirement savings program followed a familiar trend last month, with domestic investments underperforming their overseas counterparts. The common stocks of the Thrift Savings Plan’s C fund fell 0.68% in April, bringing their 2025 performance to -4.93%. And the small- and mid-size businesses of the S Fund fell 0.78%. Since January, the
If you’re a federal employee who started working for the government in 2015 or later and you’ve never adjusted your allocations in your Thrift Savings Plan account, then you’re entirely invested in one of the Lifecycle (L) funds. Which one depends on your projected retirement date; each L fund is a five year increment and