Thread: The new TSP website is an unmitigated disaster!

First and foremeost, I am not trying to argue anybody. I am not happy about any of this either. As far as the pamphlet, it is totally vague what you are supposed to do to change your installment plan. They say use the thriftline options at the beginning of the booklet and all you can find are mailing address and phone numbers. This obfuscation is all part of the plan......if not, then why didn't they plainly state how to change your installment plan.
So I asked Ava
how do i change my installment plan
Jul 17, 5:59 PM
[IMG]file:///C:/Users/tom/AppData/Local/Temp/msohtmlclip1/01/clip_image002.png[/IMG]
[IMG]file:///C:/Users/tom/AppData/Local/Temp/msohtmlclip1/01/clip_image004.png[/IMG]
Starting on June 2022, installment payments are set to the 15th of each month or the preceding business day, if the 15th is on a weekend or holiday.
Jul 17, 6:00 PM
[IMG]file:///C:/Users/tom/AppData/Local/Temp/msohtmlclip1/01/clip_image005.png[/IMG]
If you need to stop, change cancel, stop or make changes to your withholding or payment destination, you must call the ThriftLine.
Jul 17, 6:00 PM
[IMG]file:///C:/Users/tom/AppData/Local/Temp/msohtmlclip1/01/clip_image006.png[/IMG]
For more information on the rules for changing your installment payments and the tax implications, check out the Installment Tax Information sheet

Beside the new website being a screw up, it appears that everyone is getting different information from the folks working the phones. That just makes everything worse. It looks like we can't even trust the printed information. Restore the old software and screw the mutual funds option.

Originally Posted by Mitchhyman

It is incomprehensible that the TSP
is not keeping participants up to date on the status of these problems. I can’t think of any logical reason for this lack of communication.

I can.

The answer is- they don't have a CLUE as to what they are doing, nor what their contractor is doing. And they don't know what to do. So they are silent and "hope" that nobody files a lawsuit.

Well well , will you looky here.


The FRTIB is advertising for A CONTRACT OVERSIGHT SPECIALIST, AND A LAWYER.

They are only filling these positions NOW? Wonder why.

Current Job Openings

Contract Specialist (Direct Hire Authority)

The FRTIB is looking for a highly qualified and motivated individual to serve as a Contract Specialist (Direct Hire Authority).

• FRTIB-22-DE-024, Contract Specialist (Direct Hire Authority), GS-1102-14, closing date: Friday, September 02, 2022. Review the job details and apply for the position on USAJobs.gov.

Attorney-Adviser (Contracts)

The FRTIB is looking for a highly qualified and motivated individual to serve as Attorney-Adviser (Contracts).

• FRTIB-22-ES-034-11555661, Attorney-Adviser (Contracts), GS-0905-12/13/14, closing date: Monday, July 25, 2022. Review the job details and apply for the position on USAJobs.gov.

How about that!

Originally Posted by James48843

Well well , will you looky here.


The FRTIB is advertising for A CONTRACT OVERSIGHT SPECIALIST, AND A LAWYER.

They are only filling these positions NOW? Wonder why.




How about that!

Sounds like positions that most on this thread would be qualified to fill.

Better late than never??

Originally Posted by James48843

Well well , will you looky here.


The FRTIB is advertising for A CONTRACT OVERSIGHT SPECIALIST, AND A LAWYER.

They are only filling these positions NOW? Wonder why.




How about that!

Originally Posted by James48843

Well well , will you looky here.


The FRTIB is advertising for A CONTRACT OVERSIGHT SPECIALIST, AND A LAWYER.

They are only filling these positions NOW? Wonder why.




How about that!

Great, they can stand by the open barn door and watch the horse gallop into the distance!

These positions would be a great way to step into a hornets nest when everything is all stirred up - no thank you please

Originally Posted by Herbie53

These positions would be a great way to step into a hornets nest when everything is all stirred up - no thank you please

If you noticed the Contract Specialist position closes Sept 2, so this is about something else. Perhaps there are more “improvements” planned by the TSP. Hold on to your arse!

Just a question out of the blue: Who benefits when my RMD is taken out on the 15th, but not deposited until the 19th? Who gave permission to recalculate RMD mid year? -- That's two, so here is # 3. What impact is that going to have on penalties come tax time, since they will be distributing less than what was calculated based on 12/31/2021 account balance?

The way it is supposed to work is if, for whatever reason, you don't withdraw all of your RMD by the end of the calendar year, the TSP will automatically make up the difference with an extra "makeup" withdrawal from your account. In other words, they will make sure you meet the RMD for the year.

However, as screwed up as the system is now, I wouldn't count on anything working the way it is supposed to.