“Follow the money,” the now iconic line from the Watergate scandal, urged reporters Carl Bernstein and Bob Woodward to follow the money trail to root out government corruption. But, just as Bernstein and Woodward discovered, following the government money trail can be incredibly difficult. The reason? Funds from different programs often overlap or are reportedRead… Read more »
We saw some interesting action this four day week producing a potential bottom to these January woes. Nothing is certain but the bulls do have a little momentum on their side as we run into earnings season. Although the day ended in negative territory, Wednesday’s reversal gave buyers some confidence. The bulls followed up withRead… Read more »
We’ve all thrown money away on outlandish purchases. As a freshman in college, I was a student worker earning minimum wage. Naturally, I thought spending a cool $500 on skateboarding sneakers was reasonable. I did not skate, mind you, but that’s beside the point. My supervisor at the time, perhaps sensing a perilous financial future,Read… Read more »
If you’re a new fed, or even an established fed, you’ve probably heard a ton about your options to begin saving for your retirement. And it’s all generally confusing. Not to mention, there are a lot of financial decisions you’ll be making in addition to how, when, or how much to save for retirement. HowRead… Read more »
The benefits and the drawbacks of military buy backs, it is important to factor in the costs of buying back your military benefits. – by June Kirby
Stocks had their third consecutive week of loss after a rising dollar hurts earnings for U.S.-based multinational companies whose products become more expensive overseas. The rising dollar also brought oil down to $44.84, another key factor affecting strength in stocks. Here are the weekly, monthly, and annual TSP fund returns for the week ending MarchRead… Read more »
By Abigail Reid, Writer-Editor, Federal Retirement Thrift Investment Board Recently, the Thrift Savings Plan examined gender differences in retirement saving among Federal employees. For the first time, we segmented data from our annual Participant Behavior and Demographics Report by gender, in addition to factors like age and length of tenure. Considering that March is Women’sRead… Read more »
Last week, I talked to a friend about a major home improvement project costing thousands of dollars that I have to have done. My friend said she had another friend who delayed her federal retirement because she had to do the same project. My heart dropped because I would be distraught if I had to delayRead… Read more »
Some late selling on Friday and the historically bullish trading day after Thanksgiving turned into a disappointment for the bulls. For the week stocks were up slightly with the I-fund leading the way for the TSP stock funds, and bonds (F-fund) came to life to lead all of the TSP funds with a 0.56% gainRead… Read more »
Are you saving like you should? Our tips below will help you out, no matter where you are in your public sector career. I happened to be in a government building in Texas last week when I noticed a sign encouraging active participation in a retirement plan. It read: “I’ll save for retirement when I’mRead… Read more »