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 other day, while I was thinking about what to write for this week’s post, I got to thinking about the rise of reality television. I was pretty young when it started…but it has become a pretty big part of popular culture. One of the more peculiar reality shows I remember was one that wasRead… Read more »
For decades, OMB and Departments have been trying to trace federal grants and loans to specific places: cities, neighborhoods, farms, enterprise zones, individual houses or stores. The complexity of community development, economic development, rural development, job creation, or just accounting have plagued how funds can be traced. The purpose of tracing the money is toRead… Read more »
If you do your job and do it well, you get rewards – better pay, a bonus, or a promotion. If you don’t, you get punishments – like a bad review or docked pay. Sound familiar? The “carrot-and-stick” approach to motivating employees is a venerable part of a manager’s toolkit, and most of us have experiencedRead… 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 »
Stocks ended the week on a down note, but overall it was a pretty good holiday-shortened week for the market and all of the TSP stock and bond funds finished with gains. Oil continues to be a drag but the ECB announced a $1.3 trillion QE package and the market loves easy money. Here areRead… Read more »
If you’re not seeing a return on investment, check your investment strategy. Most people want to increase their net worth but forget they have to invest.
How did your retirement plan fare in 2014? Are there any changes you should make as we head into 2015? As the calendar flips ahead to a new year, January is the perfect time to make sure your retirement plan is running smoothly. Kim Weaver, Director of External Affairs at the Federal Retirement Thrift Investment Board,Read… Read more »
We’ve been in Santa Fe observing the rich. There they are, in packs of two or three or five. They wear $3,000 cowboy boots and ski pants and fur hats. The waiters and waitresses wait on them hand and foot and I can see them spitting contemptuously when nobody’s looking. I totally hate their vibe.Read… Read more »