Democrats and Republicans agree on one thing: Retirement security is in jeopardy

Article Excerpt: "...Economic Innovation Group proposes to expand on the federal Thrift Savings Plan—the retirement savings plan used by the federal government for its employees—to all working Americans. Voters seem to be on board, and support for a universal savings plan (78%) beat out other prominent wealth-building initiatives by a large margin like universal basic income (47%), child allowances (41%), and baby bonds (40%), according to the survey..."

Resource: yahoo.com

TSP: Two-step authentication mandatory before the end of 2019

Article Excerpt: All TSP participants must have validated contact information and use two-step authentication to log into My Account before the end of 2019. You can avoid interruption to your account access by adding these security features in your My Account Profile Settings now. Download instructions (pdf)PDF file. Two-step authentication helps protect your account against fraud. This login process is more secure because it means that online access to your account requires something you know (your account number or username and password) and something you have (the one-time code you receive in your email or on your phone). Someone who tries to log into your account fraudulently won’t be able to gain access without the code. We recommend that you include at least one contact method on your account that will stay with you through career, such as a personal email.

Resource: www.tsp.gov

Thrift Savings Plan investment limit to rise

Investment limit for Thrift Savings Plan to rise, IRS says

Article Excerpt: "...The investment limit in the Thrift Savings Plan, the retirement savings program for federal employees, will increase in 2012 for the first time since 2009, the IRS announced Thursday. ..."

Resource: www.washingtonpost.com

Thrift Savings Plan, Federal employee retirement,