The weakness of August has now rolled into September, historically the worst month of the year. As the VIX sits near 30, which is a dangerous level, stocks are vulnerable for another panic-like sell-off. It’s possible we will see a bottom in September but first the market seems to want to test the August lows,Read… Read more »
Your federal retirement benefits represent potentially one of the most valuable assets you possess. – By Gary Fouts
U.S. Supreme Court decision allowing gay couples nationwide the right to marry would have some impact on federal employee and retirement benefits. TSP
A Thrift Savings Plan (TSP) Bill that is about to become law will allow federal public safety officials to make penalty-free withdrawals from the Thrift Savings Plan at age 50.
There have been no any major gains or losses in the TSP funds so far this year, and June was in fact slightly dismal with all the funds showing small losses except for the G Fund which managed to squeak through the month with a 0.17 percent gain.
Greece bailout talks catalyzed stocks to have a strong open on Monday, however there was an early peak and stocks closed off the highs. Tuesday opened high as well but faded into negative territory by mid-day where buyers stepped back in to reach some modest gains by the close. Wednesday opened lower and stocks continuedRead… Read more »
When the Phased retirement option is elected, you will be considered as partially retired, and you will begin receiving half of your TSP annuity retirement income.
Stocks opened higher on Monday but the early gains began deteriorating into the close and by mid-Tuesday stocks were falling steadily into red territory. The sell-off continued through to the late trading hours of Wednesday where the bulls stepped back in to buy the dip. The buying continued and modest gains were posted Thursday. TheRead… Read more »
Stocks opened higher this past Monday but things went sour pretty quickly as volatility picked up, and by Thursday afternoon there was a little bit of panic in the air. On Friday the bulls stepped up and bought the oversold market and we saw some key support levels hold. Here are the weekly, monthly, andRead… Read more »
Monday had a strong bounce back from the oversold Friday which set the tone for solid week. There was mixed turbulence Tuesday resulting in a slight loss in the S&P 500 for its only red day of the week. From there stocks pushed through Wednesday and onto Thursday were we saw new highs in bothRead… Read more »