Showing 7 ideas for tag "tsp"
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Department of Agriculture

tax and penalty free withdrawal of Thrift Savings

Allow tax free and penalty free withdrawal of Thrift Savings Plan retirement savings for retiring employees. The option to withdraw TSP funds tax free and penalty free would allow employees to receive a buy-out without it costing current revenue.

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Legislative Branch

Social Security Reform

Billions and Billions saved. I work for the IRS and most employees come in under a FERS retirement system which assist them at retirement providing they input to it during the working years. Fers employees pay into and retire on social security.

Under FERS employees are eligible to put funds into a Thrift Savings Plan. Her employees can put there payperiod savings into the G fund, C fund and several others. Some... more »

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Office of Personnel Management

Nix orientation printouts for new hires & use online orientation

Nix all of the printouts given to new employees --- healthcare, TSP, Life Insurance etc. Not only are ALL of those forms online, but also, the online version is more up to date and easier to fill out.

The standard should be set for new employees to receive a welcome email with links to all of the information they need to know and fill out --- as opposed to a stack of welcome folders that sits in the back of their desk... more »

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Department of the Treasury

Broaden TSP Fund Options and Open to Non Feds (for a fee)

In order to make the TSP more attractive and competitive with “like” institutional investment entities (i.e. TIAA CREF, Vanguard) I believe several indexed fund options should be added. These options would provide the opportunity for a more balanced portfolio. Once in place, their management would not adversely impact TSP operating cost. Here are the funds:

- T-Fund: Treasury Inflation Protected Securities (TIPS)... more »

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Legislative Branch

Allow transfer of TSP funds into private mutual funds

*The Thrift Savings Plan budget is to manage employee accounts is $142 million.

*Currently all of our voluntary retirement contributions are required to be handled through the Thrift Savings Program unless we quit or retire.

* The TSP has limited investment options which have shown poor returns over the past 10 years.

* Private investment companies offer many more options and chances of better returns.

*This proposal... more »

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Office of Personnel Management

Allow us to get TSP account # & password online-not snailmail!!

10% of the federal work force (300,000 employees) do NOT contribute to their retirement. Why put up TWO obstacles which could take 3 WEEKS to get these employees enrolled when it should take 3 MINUTES? If you don't have your account number, you have to request one through SNAILMAIL. Then, after getting your account number, you have to make ANOTHER REQUEST FOR YOUR PASSWORD THROUGH - you guessed it - SNAILMAIL.

Do we... more »

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