DigitalPiggyBank

As I’ve written many a time before, GubMints is a big fan of the Thrift Savings Plan (TSP).

Recently the White House Social and Behavioral Sciences Team decided to get ‘Freaky’ with Behavioral Economics and do some experiments to encourage more Active Duty Servicemembers to enroll or re-enroll in the TSP.  They did some interesting experiments to try and ‘move the needle’. Continue reading


FEHB OPM Health Care Rates 2014

Happy Open Season, everyone!

OPM announced its Federal Employee Health Benefit (FEHB) rate hikes for 2016 FEHB Open Season.

OPM states that the average rate hike is 6.4 percent, which does not sound that bad.

…But the real news is not quite this good- Since none of the ‘averages’ are participation-weighted (that is, they pay no attention to what FEHB plans Feds actually select), the averages provided by OPM, GovExec, and FedTimes are essentially useless.

I’ll give you the only statistic that matters here, the one that applies to 40 percent of Feds. Continue reading


Risk

Feds – Don’t be alarmed.  If you’re a new hire or are opting for TSP ‘L’ Fund allocation based on your age, your TSP asset allocation has not become more ‘Risky’.

Last week’s article at GovExec misses the mark, and while the follow-up article at GovExec about TSP L Fund allocation is closer to the truth it still does not paint the whole picture.

Here’s what you really need to know about ‘risk’ when it comes to investing in TSP:

Continue reading