"...The transition could affect participants who planned to request a transaction soon, because periodic downtime will be required to accommodate the transition process. During the transition period, participants’ savings will remain invested in the TSP funds they’ve elected. However..."
"...gives IRS the upper hand in its push to seize TSP accounts in the same way it can seize private-sector 401(k) accounts. IRS can already seize federal employees' wages to repay tax debts under the Federal Payment Levy Program...."
"...For 2009, the IRS permits you to contribute up to $16,500 in tax-deferred money to the TSP. If you are a member of the uniformed services, you may contribute a total of $49,000 in tax-deferred and tax-exempt money. If you will be age 50 or older during 2009, you may also contribute up to $5,500 in additional “catch-up” contributions if you will reach the $16,500 limit in 2009..."
"...lowest FERS participation rate since September 1997. It’s also the steepest one-month drop since June, when the participation rate dropped 0.7 percentage points to 85.3 percent. All FERS employees who enroll in TSP automatically get a contribution from their agencies equal to 1 percent of their basic pay..."
"...These returns are net of the effect of accrued administrative expenses and investment expenses/costs. The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost...."
"...Envious outsiders cite the TSP's low-administrative fees, the 5 percent match available to FERS employees and the presence of the never-has-a-bad-day G-fund. They include people like John Bogle...."
