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TSP
(Thrift Savings Plan)
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Monday September 08, 2008
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TSP
website - Thrift
Savings Plan
If you are
not contributing all you can, please change your elections
during the next open season. Your financial future depends
on it. Save for a rainy day.
Borrow from yourself and pay YOURSELF interest.
:-)
******
(FERS) You may now contribute up to 100% of your pay towards
your elected contributions, but only up a limit of $15,500
in 2008 ******
Employees can
enroll at anytime now. Visit www.tsp.gov
for details.
There
are several major changes in the TSP Program that you
must be aware of. You
will have to pay a fee to get a loan through your TSP
account. There will only be one general purpose loan allowed.
You will be able to use the other loan for residential
purposes only. You MUST pay off your loans before
you can get another one AND you must wait 60
days before you can get a subsequent loan. No exceptions.
Go to www.tsp.gov
for more details on these changes.
Stay tuned
for future updates.
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Other financial
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