For Your Benefit

TSP Update from the Experts


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April 17, 2023 on ForYourBenefit, host Bob Leins, CPA® and co-host Tammy Flanagan, Senior Benefits Director at NITP, Inc., welcome Kim Weaver, Director, External Affairs, Federal Retirement Thrift Investment Board.
Today’s discussion will focus on answering the following questions:
The TSP changed recordkeepers last June. What did participants get from the transition?
SECURE 2.0 became law at the end of 2022 and made a number of changes that apply to the TSP. What are they and when are they going to be implemented?
Stats! How many participants receive the 5% match? How many millionaires? Average account balances?
What were the administrative expenses for 2022?
...more
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For Your BenefitBy Federal News Network | Hubbard Radio

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