Federal Managers Association

In the News

• Fed retirement plan ends year with positive returns - January 3, 2024

• Molly Weisner, Federal Times

  The Thrift Savings Plan, the federal government’s 401(k)-style retirement plan, ended the year on a high note, with all five core funds yielding positive returns for the second straight month.

  It’s the gift that keeps on giving for roughly 6 million current and former federal employees as many are looking to file for retirement in the coming weeks or organize their finances in preparation for tax season.

  The TSP has been around for decades and has been cited as one of the unique benefits of working in the public sector. In a 2023 survey conducted by the Federal Retirement Thrift Investment Board, 82% of participants reported being satisfied with the TSP, though that figure has fallen over the last three years.

  To read the full article, click here.

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