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...