Plan News was updated on April 30, 2019.

Add extra security to your TSP account — (April 15, 2019) You’re now able to make online access to your TSP account even more secure by enabling two-step authentication at login. This means that you’ll receive a one-time verification code by email or text message each time you log into your account. To add this security feature, log into My Account on tsp.gov and go to your profile settings.

Enabling two-step authentication helps you protect your account against fraud. This login process is more secure because it means that online access to your account requires something you know (your account number or username and password) and something you have (the one-time code you receive in your email or on your phone). Someone who tries to log into your account fraudulently won’t be able to gain access without the code.

Before you can use two-step authentication, you must first validate an email address or cell phone. You can validate your contact information in your My Account profile settings.

First quarter participant statements are online and in the mail — (April 10, 2019) Your first quarter 2019 participant statement, covering the period from January 1 through March 31, 2019, is now available in My Account. To receive e-mail updates when new participant statements are available, sign up at “Email Updates” (under Quick Links) on the home page.

G Fund and the debt limit — (March 6, 2019) As of Tuesday, March 5, 2019, the U.S. Treasury was unable to fully invest the Government Securities Investment (G) Fund due to the statutory ceiling on the federal debt. However, G Fund investors remain fully protected and G Fund earnings are fully guaranteed by the federal government. This statutory guarantee has effectively protected G Fund investors many times over the past 30 years. G Fund account balances will continue to accrue earnings and will be updated each business day, and loans and withdrawals will be unaffected.

Loans during a lapse in appropriations — (February 15, 2019) As a result of the recent partial government shutdown, we made changes to provide assistance to affected TSP participants. In the event your agency is affected by a lapse in appropriations, read the fact sheet Frequently Asked Questions About TSP Loans During a Lapse in Appropriations for details on how to take a loan, what to do if a lapse in appropriations lasts long enough to affect your loan payments, and other questions you may have about taking or having a loan while you are on shutdown furlough. The fact sheet also explains what happens with your loan payments when a lapse in appropriations ends.

Annual participant statements — (February 5, 2019) Your annual 2018 participant statement, covering the period from January 1 through December 31, 2018, is now available in My Account. To receive e-mail updates when new participant statements are available, sign up at “Email Updates” (under Quick Links) on the home page.

Making Loan Payments After the Government Shutdown — (January 29, 2019) Due to limitations of employing agency/service payroll systems, some payroll offices may not be able to deduct loan payments from back pay. If your loan payments haven’t been taken out of back pay, you should submit your loan payments directly to the TSP using the Loan Payment Coupon. You can always check the status of your loan by logging into My Account, selecting “TSP Loans,” and then selecting “Are my payments up to date?” Or you can call the ThriftLine at 1-877-968-3778 and speak to a Participant Service Representative.

Government Shutdown and Loan Payments — (January 8, 2019) The TSP allows for the suspension of loan payments when you go into nonpay status to prevent your loan from going into default. Normally, we require documentation from your agency or service. However, the TSP does not need documentation of your furlough at this time. If your loan payments were up to date prior to the furlough, missing one or two payments will not cause your loan to be in default. You can check the status of your loan by logging into My Account, selecting “TSP Loans,” and then selecting “Are my payments up to date?” Or you can call the ThriftLine at 1-877-968-3778 and speak to a Participant Service Representative.

As long as retroactive pay is approved, all missed loan payments will be submitted and posted to your loan. We will provide more information as the furlough continues or as events change.

Changes coming to the Lifecycle (L) Funds — (November 29, 2018) We are planning adjustments to the L Funds in an effort to improve your investment outcomes. Effective in January 2019, we will increase exposure to international stocks (the I Fund) from 30% to 35% of the overall stock allocation in all L Funds. The L Income Fund stock allocation (C, S, and I Funds combined) will increase from 20% to 30% over a period of up to 10 years. The L 2030, L 2040, and L 2050 overall stock allocations will hold steady for a period of years before resuming their transitions from stocks to bonds. In addition to improving investment outcomes, this pause will align the L 2030, L 2040, and L 2050 Funds with the L 2060 Fund, which will be introduced in 2020 with an initial stock allocation of 99%. Visit Lifecycle Funds to learn more.

2019 Contribution limits — (November 7, 2018) The Internal Revenue Code places specific limits on the amount that you can contribute to employer-sponsored plans like the TSP each year. The limits for 2019 have been announced. To learn more, visit “Contribution Limits.”

Updated information about changes to TSP withdrawal options — (May 30, 2018) A fact sheet about planned improvements to TSP withdrawal options has been updated to provide more details about the TSP’s plans. Questions and Answers about Changes to TSP Withdrawal Options includes summaries of the changes coming in September 2019, in addition to background on the TSP Modernization Act of 2017, which mandates some of the new withdrawal options.

Stick to Your Plan — (February 6, 2018) The stock and bond markets can change rapidly. By the time you react to the situation, the market may be moving in the opposite direction, and you could miss out on significant gains. Remember that investing for retirement is for the long-term. Try not to let short-term market movements steer you off course. To learn more, visit Investment Strategy: Stick to Your Plan.

Peak ThriftLine Call Times — (January 29, 2018) Our highest call volume is on Monday and Tuesday mornings. If you want to minimize your wait time to speak to a Participant Services Representative, consider calling outside of those peak hours. Participant Service Representatives are available Monday through Friday, 7:00 a.m. to 9:00 p.m., eastern time.