30,000 TSP participants take advantage of new Roth option

30,000 TSP participants take advantage of new Roth option

Some Thrift Savings Plan participants are taking advantage of a new option for Roth in-plan conversions. The Federal Retirement Thrift Investment Board reports that roughly 30,000 TSP participants have converted some of their contributions since the feature launched earlier this year. In a survey, about 93% of TSP participants who used the new conversion option say the process was “easy.”

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Avsnitt(2325)

Federal telework temporarily returns to FIFA World Cup host cities

Federal telework temporarily returns to FIFA World Cup host cities

Agencies are getting a green light to temporarily lift federal telework restrictions during the FIFA World Cup. A new memo from the Office of Personnel Management says agencies operating in U.S. host ...

4 Juni 6min

Social Security looks to fully transition to electronic payments

Social Security looks to fully transition to electronic payments

The Social Security Administration is looking to fully transition to electronic payments this year. President Donald Trump signed an executive order last year directing the Treasury Department to stop...

3 Juni 6min

May proves to be a good month for TSP funds

May proves to be a good month for TSP funds

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2 Juni 6min

OPM to establish higher pay for certain national security employees

OPM to establish higher pay for certain national security employees

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1 Juni 5min

Lawmakers call on Agriculture Dept to restore employee childcare centers contract

Lawmakers call on Agriculture Dept to restore employee childcare centers contract

Democrats are demanding that the Department of Agriculture secure new childcare options for federal employees. In April, USDA’s current childcare service provider announced it would not renew its cont...

28 Maj 7min

Federal employee union calls for telework return amid rising gas prices

Federal employee union calls for telework return amid rising gas prices

Amid soaring gas prices, a union is urging the Trump administration to allow telework flexibilities for federal employees. The National Treasury Employees Union says a full in-office mandate, coupled ...

27 Maj 6min

Lawmakers look to take some of the heat in future shutdowns

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A bipartisan group of senators is trying to make shutdowns more painful for the members of Congress whose votes cause them. Senators James Lankford (R-OK) and Maggie Hassan (D-NH) introduced the Preve...

26 Maj 6min

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