Last week a Senator proposed ‘TSP For Everyone’ legislation.
Here we go again. Every few years someone in Congress gets the bright idea that every man, woman, and child should have the same FEHB/TSP/Three Letter Acronym that Congress and Federal Employees have.
Let’s review why this is a Bad Idea. Continue reading
The TSP recently released the results of its 3rd-party audit for Calendar Year 2013. While most of the findings are a snoozer, what continues to amaze me is that almost a majority of assets in the TSP are invested in the G Fund.
Last week the TSP (and its participants) paid for yet another 3rd party study, which yet again recommended adding more fund choices, which yet again the TSP will likely ignore. Continue reading
Sometimes as a Personal Finance blogger I lay awake at night wondering what my next
meal ticket post will be.
Then I received this fat fastball- Pitched right over the Plate- From the Navy Reserve Recruiter:
(Side rant: I receive these emails from The Navy Reserve Recruitment system because I am Individual Ready Reservist (IRR), and the Navy is trying to convince me to go back in to a paid (SELRES) status so that I can fly across the country for Drill Weekends. The Navy recently kicked its IRR reservists to the curb as I have documented here- The Navy does not even permit its IRR reservists to access their online university (Navy Knowledge Online) to earn retirement credit points).
Back the the post. And it’s a Doozey. Here’s the ‘Immediate military retirement pay’ announcement I received in my inbox: Continue reading