A publication of the National Air Traffic Controllers Association
Issue link: http://natca.uberflip.com/i/716610
The Federal Retirement Thrift Investment Board last week published a final rule specifying that all new e nrollees in the Thrift Savings Plan who have not chosen an allocation will be automatically enrolled in an age - appropriate Lifecycle Fund. Those employees formerly defaulted into the conservative G Fund. The final rule , published Aug. 28 in the Federal Register, affects participants who are first enrolled in the TSP after Sept. 5. The initial contribution allocation into a Lifecycle Fund will remain in eff ect until the participant changes it or the account balance drops to zero. In the case of rehired participants who have a positive account balance and a previous co ntribution allocation in effect – say in the G Fund – that allocation will remain the same u ntil the employee changes it. However, if that rehired employee begins with a zero account balance, new contributions will be allocated to a Lifecycle Fund. Call 888 - 900 - 4690 or click HERE for more information on how Cambridge Financial Partners can help you. UPCOMING RETIREMENT SEMINARS PROVIDED BY 4 SQUARE : NATCA Area Mid/Late Career Workshop 3 P.M. – 9 P.M. C.O.R.E Early Career Workshop 9 A.M. – 3 P.M. Indianapolis 23 - Aug 24 - Aug Cincinnati 25 - Aug 26 - Aug Billings, Mont. 13 - Sep 14 - Sep Greensboro, N.C. 20 - Sep 21 - Sep Nashua, N.H. 27 - Sep 28 - Sep Boston 29 - Sep 30 - Sep Kenai, Alaska 11 - Oct 12 - Oct Hartford, Conn. 18 - Oct 19 - Oct Puerto Rico 27 - Oct 2 8 - Oct Juneau, Alaska 9 - Nov 10 - Nov Savannah, Ga. 15 - Nov 16 - Nov Oklahoma City 15 - Nov 16 - Nov Standard seminar for members with more than 15 years of service held from 3 to 9 p.m. local time. Register by signing on to the NATCA Portal . Please verify the personal information listed for you including email and cell phone number. If any information is incorrect or missing, please correct or add it under the "My Profile" tab. To register for a seminar, click the "Events" tab, followed by "2016 Retirement Seminars . " Complete the requested information and click "Next . " When you come to the screen listing the seminars, select the one you wish to attend, hit "Next," verify your requested seminar in formation and t hen click "Done." You will receive a confirmation email that your registration was complete. A second email will be sent two to three weeks prior to the seminar giving you the logistical information for the seminar. Also included in this email will be inst ructions on how to obtain a benefits estimate at the seminar. Spouses and significant others are also invited to attend. Please ensure that you add them to the registration when asked if you will be bringing a guest. Please try to register three weeks prio r to the seminar. Walk - ins are permitted to attend as long as