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The Thrift Savings Plan (TSP) is a defined contribution plan for United States civil service employees and retirees as well as for members of the uniformed services.
TSP TALK members responded by creating a petition and submitted more than 4,000 signatures opposing the move. [4] However, despite shareholder opposition, and as a result, changed federal regulations restricting moves between funds to two per month between all funds, and further moves to the G Fund only.
The Thrift Savings Plan is a tax-deferred defined contribution plan similar to a private sector 401(k) plan. The Thrift Savings Plan is one of the three parts of the Federal Employees Retirement System, and is the largest defined contribution plan in the world. As of August 2021, the board manages $794.7 billion in assets on behalf of 6.4 ...
Employees hired after 1983 are required to be covered by the Federal Employees Retirement System (FERS), which is a three tiered retirement system with a smaller defined benefit (pension), Social Security, and a 401(k)-style system called the Thrift Savings Plan (TSP). The defined benefits of both the CSRS and the FERS systems are paid out of ...
The Wartime Prices and Trade Board is a former Canadian government agency, established on September 3, 1939, by the Mackenzie King government, under the authority of the War Measures Act, in the Department of Labour responsible for price controls and inflation control.
The Smart Savings Act would make the default investment in the Thrift Savings Plan (TSP) an age-appropriate target date asset allocation investment fund (L Fund), instead of the Government Securities Investment Fund (G Fund), if no election has been made for the investment of available funds. The bill would retain the Government Securities ...
The Federal Retirement Thrift Investment Board was created by the United States Congress in 1986 to manage the Thrift Savings Plan, the retirement plan for members of the uniformed services and Federal Government employees.
In 1962 Maryland established a quasi-public non-profit corporation, the Maryland Savings-Share Insurance Corporation (MSSIC), to insure accounts held in state chartered savings and loan associations. In May 1985, rumors emerged of financial instability at two thrifts , Old Court and Merritt Commercial Savings and Loan.