What Federal Employees Need to Know About SECURE 2.0
The Thrift Savings Plan is making retirement saving easier for federal employees while strengthening oversight and controlling costs. Jim Kaplan, Director of External Affairs at the TSP, explains how the agency is automating Roth catch-up contributions required under SECURE 2.0. He also discusses a 14% increase in rollovers into the TSP, record assets in several funds, and growing adoption of lifecycle funds. Kaplan details improvements following the recordkeeping system transition, including fewer audit recommendations and the closure of all recommendations from a GAO review. He also explains why coming in under budget directly benefits TSP participants and beneficiaries.Subscribe and listen to the Fed Gov Today Podcast anytime on Apple Podcasts, Spotify, or at FedGovToday.com




