TSP News

Leaving Federal Employment Before You Are Eligible to Retire
What happens to your federal benefits if you leave before you are eligible to retire?
Number of TSP Millionaires Jumps 66% in Q2
The number of TSP millionaires has been on the rise as the stock market rebounds from its March lows.
What are the Highest Rated Federal Employee Benefits?
What do federal employees think of their benefits? OPM has released its latest survey results.
Which TSP Fund Up 8.65% in 12 Months?
How did the TSP funds perform in June? The best performing fund in the last year may surprise you.
Should We Tap Into Our TSP to Pay Off Debt Using the Special Coronavirus Distribution Rules?
A federal employee asks, “…provided I qualify to make the COVID-related withdrawal, would it be foolish to withdraw $40,000 from my Thrift Savings Plan (not as a loan but as a withdrawal) and spread the income tax out over three years to be debt free (aside from my house and student loans)?” https://www.marketwatch.com/story/we-have-190000-in-retirement-savings-and-want-to-use-the-covid-related-distribution-rules-to-pay-off-40000-in-debt-should-we-2020-06-22

Financial News

Insana: Main Street investors diving into speculative penny stocks and SPACs is disturbing trend
Many Main Street investors appear to be getting into dangerous investments based on tips from message boards, where unscrupulous individuals can manipulate these markets.
Wells Fargo tells new clients they need $1 million in balances for certain mortgage refinancings
The move shows how Wells Fargo, the largest U.S. mortgage lender and biggest player in jumbo mortgages, is operating under the dual pressures of the coronavirus pandemic and a Federal Reserve cap on its balance sheet.
Stocks making the biggest moves premarket: Walgreens, Square, Carnival, Six Flags, Alibaba & more
Square gets hit with an analyst downgrade and Walgreens falls on disappointing earnings.
Why some investors are holding onto Wirecard shares even after insolvency
Despite its dramatic descent into insolvency last month, Wirecard's share price has not yet hit zero.
Top Chinese diplomats give conciliatory signals while demanding respect from the U.S.
China's top two foreign ministers kept to a conciliatory tone this week in public remarks about relations with the U.S., amid increasingly fraught tensions between the world's two largest economies.

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