The TSP Transition is Still Giving Users Some Problems

The TSP Transition is Still Giving Users Some Problems

Author: GovExec February 6, 2023 Duration: 18:41
GovExec Daily
NewsDaily

Millions of federal employees, military members and retirees are enrolled in the Thrift Savings Plan. This past June, the TSP moved to the new recordkeeper vendor Accenture, touting better security and functionality for these users. Those same users reported many problems with the recordkeeper transition, including excessive customer service wait times and issues with usability. While there have been improvements, the transition was a slog and there are still outstanding issues. 

Abraham Grungold is a financial professional as the owner of AG Financial Services, a longtime federal employee and a member of the exclusive TSP millionaires club. As part of our #MoneyMonday series, he joined the podcast to talk about the TSP site transition and where things stand now.

***

Follow GovExec on Twitter! https://twitter.com/govexec


Each morning, GovExec Daily cuts through the noise to bring clarity to the complex world of federal government operations and policy. Host Ross Gianfortune doesn't just read the headlines; he provides essential context by speaking directly with the people shaping the news. Conversations with policymakers, GovExec's own seasoned reporters, and subject matter experts turn breaking developments into understandable insights. This isn't general political commentary-it's focused analysis for professionals who need to grasp the immediate implications of new legislation, management directives, and budgetary shifts. The pace of Washington demands a resource that keeps up, and this podcast serves as that reliable daily briefing. You'll hear grounded discussions that connect the dots between today's announcements and tomorrow's challenges, all designed for an audience working within or closely with the federal ecosystem. Tune in for a straightforward, no-fluff dialogue that makes even the densest topics accessible, ensuring you start your day informed rather than just aware.
Author: Language: English Episodes: 100

Official website RSS
spotify
GovExec Daily
Podcast Episodes
The 'New Normal' of Morale at Agencies [not-audio_url] [/not-audio_url]

Duration: 28:35
Recently, a prominent good government group released its first batch of rankings stemming from its analysis of the Federal Employee Viewpoint Survey. The Partnership For Public Service found that some of the best perform…
How IRS Plans to Hire Thousands of Employees [not-audio_url] [/not-audio_url]

Duration: 24:50
Last August, Congress enacted the Inflation Reduction Act, which included billions of dollars for IRS modernization. Last week, the tax agency released "Internal Revenue Service Inflation Reduction Act Strategic Operatin…
Americans' Changing Views of the COVID-19 Pandemic [not-audio_url] [/not-audio_url]

Duration: 12:45
The years of the COVID-19 pandemic have taken their toll on American institutions, including the public health infrastructure tasked with dealing with the pandemic. The media and information ecosystems brought forward a…
Job Programs Help Communities During Tight Labor Markets [not-audio_url] [/not-audio_url]

Duration: 29:28
It seems almost too obvious to say, but inadequate employment levels play a huge role in poverty levels of communities. In a time of staggeringly disparate economic indicators in the pandemic-era United States, the quest…
Military Readiness, the Pentagon and DEI Programs [not-audio_url] [/not-audio_url]

Duration: 19:14
Governmentwide DEI efforts have faced a fair amount of criticism and such programs at the Defense Department are no different. Critics of DEI – often using the term "woke" – have most recently tied it to military recruit…
Fixing Veterans' Preference Can Fix Federal Hiring [not-audio_url] [/not-audio_url]

Duration: 17:06
Nearly anyone who has dealt with it agrees that the federal hiring process is broken. Years of court fights, legislative fixes and special interests have produced a hiring system that frustrates hiring managers and appli…
Paying Your Taxes Is Complicated. Here's Why. [not-audio_url] [/not-audio_url]

Duration: 19:06
Americans have to fill out various forms and enlist accountants or software like TurboTax or H&R Block. The time tax – as Professor Donald Moynihan has noted – that Americans spend on doing taxes is an administrative bur…
TikTok, Security and Government Devices [not-audio_url] [/not-audio_url]

Duration: 13:07
Since its introduction to the American market five years ago, concerns about video sharing app TikTok have been constant. The spotlight on massively popular mobile application has culminated in TikTok CEO Shou Zi Chew te…
There Are Ways to Improve the System of Classifying Documents [not-audio_url] [/not-audio_url]

Duration: 15:56
As with many things in the federal government the systems by which documents are classified could use some tweaks. Modernizing the classification is overdue, from the overclassification problem to the funding of agencies…

«12345678...10»