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What Went Wrong with the Launch of Thrift Savings Plan's New ...


What Went Wrong with the Launch of Thrift Savings Plan's New ...

Just over two years ago, the Thrift Savings Plan launched a new online system meant to modernize and improve users' access to their federal ...

The Thrift Savings Plan record-keeping system still has functional ...

When the Federal Retirement Thrift Investment Board rolled out a new system for managing the TSP back in 2022, it didn't go well.

Thrift Savings Plan's rocky rollout of new system caused by ...

The Federal Retirement Thrift Investment Board failed to adequately oversee the rollout of a new system for the Thrift Savings Plan, Washington.

GAO Says FRTIB Botched New TSP Website Rollout - FedSmith.com

Some users reported problems with TSP beneficiary forms after the site launched. The GAO report said that FRTIB made the decision not to ...

Report Criticizes TSP Preparations, Oversight in Troubled 2022 ...

By not fully implementing these practices, FRTIB significantly increased the risk of a problematic rollout of the new system. When the TSP ...

Two-plus years in, TSP website is almost there

The TSP board and its contractor have fixed the bulk of the problems. A few remain. Auditors find the big issue was the board's inexperience ...

TSP's New System For Managing Federal Retirement Savings ...

Current and retired federal employees have recently reported widespread problems accessing their retirement savings and account information ...

U.S. GAO on X: "WatchBlog post: What Went Wrong with the Launch ...

What Went Wrong with the Launch of Thrift Savings Plan's New Online System? Just over two years ago, the Thrift Savings Plan launched a new ...

Why is the new TSP website so bad? : r/ThriftSavingsPlan - Reddit

What a terrible site we're stuck with. Was it designed to be this bad on purpose to get federal employees to stop investing in the TSP and ...

New Thrift Savings Plan website faces criticism

Criticism of a Thrift Savings Plan website update is being raised over wait times and lack of access to accounts.

U.S. GAO on X: "The Thrift Savings Plan is a key part of federal ...

When TSP launched a new online system, many users were left unable to access funds ... went wrong: https://t.co/4W6MyWwktY.

Watchdog to probe Thrift Savings Plan transition to new website

Thrift Savings Plan spokesperson Kim Weaver added that TSP deliberately did not transfer beneficiary information of roughly 150,000 participants ...

Norton Seeks Answers on New TSP Online System After ...

The new TSP online system has forced many participants to change passwords and other account information, often requiring waiting for a security ...

Current Known Issues | The Thrift Savings Plan (TSP)

The Thrift Savings Plan (TSP) is a retirement savings and investment plan for Federal employees and members of the uniformed services, ...

Lawmaker Requests Meeting with TSP to Discuss Ongoing ...

Since the rollout of new features on the Thrift Savings Plan's ... was not prepared to launch the new system,” Norton wrote. The FRTIB ...

5 Common Thrift Savings Plan Problems and How to Solve Them

However, this simplicity is a thrift savings plan problem because it limits diversification opportunities. More experienced investors who seek ...

The Thrift Savings Plan website — a midyear review of functionality

... new portal had a rocky start. How's it doing now? TSP millionaire Abe Grungold joins the Federal Drive with Tom Temin with his take.

Thrift Savings Plan Overhaul Moves Forward After Bumpy Launch

The customer service lines were also understaffed relative to the amount of people who were having problems creating a new login. Adding to the ...

Thrift Savings Plan participants sue over access to funds

Military and civilian users of the the federal government's Thrift Savings Plan, the popular tax-deferred retirement savings program for ...

Summary of Changes | The Thrift Savings Plan (TSP)

Your investment election (previously “contribution allocation”) specifies how you want to invest new money coming into your TSP account, such as ...