Welcome to TSP Strategies

Welcome to TSPstrategies.com! This Web site is dedicated to exploring the benefits of saving and investing in the Thrift Savings Plan.

The companion book, TSP Investing Strategies: Building Wealth While Working for Uncle Sam, lays out a simple set of strategies for long-term, buy-and-hold investors to consider while investing in the TSP. This Web site and accompanying blog will build on those concepts, while focusing on new investing options and developments related to the TSP.

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Monthly Archives: August 2013

Aug


31

Roth TSP Accounts One Year Later

The Roth TSP option is about one year old now, and the option has become a surprisingly popular one. While the Roth TSP became operational in May last year, participants were able to invest in Roth TSP accounts in stages last summer and into the fall based on their department or branch of service. From nothing in May 2012, total Roth TSP assets have grown to over $468.3 million one year later, at the end of June 2013. The total number … more

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Aug


24

Ready To Live to 100? Vanguard Thinks We Should Be

Vanguard, the mutual fund company founded by Jack Bogle, earlier this month published an interview on longevity with two retirement experts.  Titled “Ready to live to 100? Here’s why you should be,” the participants discussed the positive and negative aspects of longevity, the need for a “culture of saving,” and the risks of outliving one’s life savings. In one interesting exchange, one of the experts notes that many people “assume that Social Security and Medicare will continue as they are, … more

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Aug


21

Average TSP Account Balances Nearing Six Figures

According to the latest stats, the average account balance for FERS employees has reached $97,075, while CSRS participants come in a fraction lower with an average account balance of $96,712.  These are actually down by a few hundred dollars from average account balances in May. Uniformed service members have an average account balance of $15,191.  The lower balance is due to their later participation eligibility – service members have been able to contribute to the TSP for just over ten … more

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Aug


13

The Titans of TSP: BlackRock and now SAIC

TSP administrators announced late Friday that they have awarded the Technology and Enterprise Support Services (TESS) contract to Science Applications International Corporation (SAIC). According to the press release, the TESS contract is for two base years with three options (two years, one year, and one year) for a possible total of six years.  The total potential contract value if all options are exercised is $224.5 million plus phase-in costs of $2.5 million. The phase-in period will begin October 1, 2013 … more

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Aug


07

Trading a Pension for an Increased TSP Match

The Postal Reform Bill introduced in the Senate last week includes some interesting proposals.  Of note, it includes language that “the bill would allow the Postal Service and postal unions to bargain over the extent of new postal employees’ participation in FERS and the Thrift Savings Program (TSP).” The Washington Post‘s Federal Diary added yesterday that: “A revised [benefit] system might repeal for [future] employees the defined benefit portion of federal retirement benefits, which pays a lifetime annuity based on … more

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Aug


06

Will BlackRock Maintain Its Monopoly on Managing TSP Funds?

BlackRock Institutional Trust Company has managed TSP’s F, C, S, and I Funds ever since it acquired Barclays Global Investors in 2009. Now that the contracts to manage those funds are coming up for recompete, BlackRock has shown that it is looking to continue to manage the funds.  In December, it won a renewed contract to manage the F Fund for up to five years. Now the TSP is accepting Requests for Proposals (RFPs) to manage the I Fund, with … more

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