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Squalebear's Account Talk
- Thread starter Guest2
- Start date
I'd like to introduce you to my second Granddaughter. Most of you already know Kiera (Woo). A few months ago we were blessed with Bailey (Boo). This coming May of 2015 will mark my 6th year since having the Widow Maker. I'm Bless and I've managed to stay off the Transplant Table. I can't begin to tell you how much I miss this place and all of my Friends and Acquaintances. I hope you all are kicking some TSP Butt and wish you all the best of Retirements when your time comes. In the meantime, stay safe and be careful out there. 
Ahhh my young Padewon, I was just posting something in a Newer thread that dealt with some very familiar questions. Yes its been all most 6 years. When I left you, I had a Balance of $149k in my account and was averaging 28% per year since focusing on my TSP. Then I found TSPTalk and managed to avoid the 2008 Crash by losing only 9% while others outside our circle lost 45%-50%. The grandkids are currently being held hostage by my daughter-in-law, with my son's fear to do something about it. That's another very long story. BUT KNOW THIS ! For the first time in our entire lives together, Kelly and I visited Cancun Mexico at an all inclusive resort. In fact, it was our Honeymoon after waiting 34 years. More to come I hope. Your time must be right around the corner !
Thanks Tom ,,,,, its nice to stop in ,,,, You'll be happy to know that I still have my TSPTalk Laser Pen ! lol ... Yes, the family has grown, but I'm afraid that I've now reached the age where the Good Lord is taking more then giving. Such is the way of life and I'm darn glad to still be around ! Great to see you as well !
36 years this May. I will send you an e-mail with some grandkid pics. Hope you visit more often my Master Jedi.
Every day we wake up is a good day! Every day we see the grandchildren is even better!:smile:
alevin
Well-known member
Thanks for sharing the Boobear with us along with the Woobear, Patrick. Friends are hard to say goodbye to, so I won't. Will say don't be a stranger and thanks for the 1% strategy and for being the unfailing goodguy person that you are and always will be in the minds of your friends. It's been a pleasure and privilege, my friend.
Adjusting TSP Contributions Due to Extra Pay Date in 2015
February 23, 2015
If DFAS manages the agency's payroll, employees will have 27 pay dates in 2015 compared to the usual 26. This means some employees might need to adjust their Thrift Savings Plan (TSP) contribution elections to receive the maximum agency matching contributions for 2015, an Air Force Personnel Center notice reminded civilian employees today.
The Internal Revenue Code imposes a limit each year on the amount that an employee can contribute annually to a tax deferred retirement plan like TSP. The maximum 2015 contribution amount for traditional or Roth TSP is $18,000 and the maximum amount for 2015 catch-up contributions is $6,000. Catch-up contributions are additional tax-deferred contributions and are separate from regular TSP contributions. To be eligible to make catch-up contributions, you must be at least age 50 in the year the contributions are made, must be in a pay status, and must be scheduled to reach the elective deferral limit for regular TSP contributions during the calendar year. For those who are eligible, catch-up contributions provide a way for individuals to secure their retirement, especially for those who begin investing later in their careers. "If employees under the Federal Employees Retirement System wish to receive the maximum matching contributions for 2015, they must ensure they do not reach the $18,000 contribution limit before the last pay day of the year because TSP contributions stop when an employee's contributions reach the annual maximum limit," said Erica Cathro, an Air Force Personnel Center human resources specialist.
Adjusting TSP Contributions Due to Extra Pay Date in 2015
Snow wreaks havoc on TSP customer service line
The troubles started the day after President's Day, traditionally the busiest day of the year for the Thrift Savings Plan call centers. Participants dialing the ThriftLine, the customer-service line for the TSP, heard busy signals and were cut off. They could neither reach agents nor be placed on hold. Nearly a week later, some callers continue to encounter busy signals, according to the Federal Retirement Thrift Investment Board, which operates the TSP.
The board is not sure exactly what caused the havoc, but Chief Operating Officer Mark Walther traced the problems to the Feb. 17 snowstorm that engulfed the East Coast. One of the two call centers is located in Clintwood, Virginia, west of Richmond. It was hit particularly hard, Walther said. The board shut the call center for the day and routed callers to its one remaining center in Frostburg, Maryland.
"As a consequence of that storm, we hit capacity limits on our phone system so many of our participants received fast-busy responses when they called," Chief Operating Officer Mark Walther said Monday at the board's monthly meeting. "We apologize for the inconveniences and frustrations that many of our participants are experiencing and we are certainly working this this issue as a top priority."
He said it was not clear how many callers to the ThriftLine had gotten busy signals or been disconnected. The board is continuing to collect data, he said. Participants often have a lot of questions around this time of the year, when they receive TSP annual statements in the mail and prepare their tax returns, said Kim Weaver, the board's director of external affairs.
"The day after President's Day is always our highest caller volume," she said. "So [it's] a very bad day to have a snowstorm and shut down one of our call centers."
http://www.federalnewsradio.com/180/3805784/Snow-wreaks-havoc-on-TSP-customer-service-line
February 23, 2015
If DFAS manages the agency's payroll, employees will have 27 pay dates in 2015 compared to the usual 26. This means some employees might need to adjust their Thrift Savings Plan (TSP) contribution elections to receive the maximum agency matching contributions for 2015, an Air Force Personnel Center notice reminded civilian employees today.
The Internal Revenue Code imposes a limit each year on the amount that an employee can contribute annually to a tax deferred retirement plan like TSP. The maximum 2015 contribution amount for traditional or Roth TSP is $18,000 and the maximum amount for 2015 catch-up contributions is $6,000. Catch-up contributions are additional tax-deferred contributions and are separate from regular TSP contributions. To be eligible to make catch-up contributions, you must be at least age 50 in the year the contributions are made, must be in a pay status, and must be scheduled to reach the elective deferral limit for regular TSP contributions during the calendar year. For those who are eligible, catch-up contributions provide a way for individuals to secure their retirement, especially for those who begin investing later in their careers. "If employees under the Federal Employees Retirement System wish to receive the maximum matching contributions for 2015, they must ensure they do not reach the $18,000 contribution limit before the last pay day of the year because TSP contributions stop when an employee's contributions reach the annual maximum limit," said Erica Cathro, an Air Force Personnel Center human resources specialist.
Adjusting TSP Contributions Due to Extra Pay Date in 2015
Snow wreaks havoc on TSP customer service line
The troubles started the day after President's Day, traditionally the busiest day of the year for the Thrift Savings Plan call centers. Participants dialing the ThriftLine, the customer-service line for the TSP, heard busy signals and were cut off. They could neither reach agents nor be placed on hold. Nearly a week later, some callers continue to encounter busy signals, according to the Federal Retirement Thrift Investment Board, which operates the TSP.
The board is not sure exactly what caused the havoc, but Chief Operating Officer Mark Walther traced the problems to the Feb. 17 snowstorm that engulfed the East Coast. One of the two call centers is located in Clintwood, Virginia, west of Richmond. It was hit particularly hard, Walther said. The board shut the call center for the day and routed callers to its one remaining center in Frostburg, Maryland.
"As a consequence of that storm, we hit capacity limits on our phone system so many of our participants received fast-busy responses when they called," Chief Operating Officer Mark Walther said Monday at the board's monthly meeting. "We apologize for the inconveniences and frustrations that many of our participants are experiencing and we are certainly working this this issue as a top priority."
He said it was not clear how many callers to the ThriftLine had gotten busy signals or been disconnected. The board is continuing to collect data, he said. Participants often have a lot of questions around this time of the year, when they receive TSP annual statements in the mail and prepare their tax returns, said Kim Weaver, the board's director of external affairs.
"The day after President's Day is always our highest caller volume," she said. "So [it's] a very bad day to have a snowstorm and shut down one of our call centers."
http://www.federalnewsradio.com/180/3805784/Snow-wreaks-havoc-on-TSP-customer-service-line
jpcavin
Well-known member
My heart is still beating and it sends me here to say HI:blink:
Our hearts have missed you. :smile:
Frixxxx
Moderator
You DA Bear!
My heart is still beating and it sends me here to say HI
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