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Daily Headlines for October 19, 2010 NASA Provides Assistance to Trapped Chilean Miners |  | As part of the rescue operation of miners in Chile, NASA offered expert advice on several issues. The NASA team also provided suggestions regarding the rescue cages that were specially-designed to pull the trapped miners out of the shaft that was dug over 2,000 feet into the Earth. Posted: 10/18 | RELATED HEADLINES: | Postal Service Faces Major Changes | The Postal Service is drowning in red ink, with a deficit that ballooned to nearly $8 billion for the last fiscal year. Operating costs are up and mail volume is in free fall. Soon it may not be able to make payroll. Posted: 10/18 | Wasting Time Looking for Lost Files | Inefficient searches for documents in internal federal databases are resulting in billions of dollars in lost productivity each year by the federal workforce. Considering the average federal salary of $74,403, the time lost results in an estimated $15.4 billion wasted annually. Posted: 10/19 | Warning from Pres. Roosevelt About Government Unions | President Franklin Roosevelt would not be considered conservative or unfriendly to organized labor. With all of the current publicity about the expense and role of government in the media, one reporter dug up a warning from Pres. Roosevelt about the role of unions in government. Posted: 10/19 | Previous Articles on FedSmith.com Unique Roth IRA Conversions for Federal Employees Most people know you can convert money from a traditional IRA to a Roth IRA. But Federal Employees may also be able to convert money from their Thrift Savings Plan or CSRS Voluntary Contribution Plan to a Roth IRA. Retirement Credit for Military Service Military service is generally creditable for civilian retirement, but it must be paid for by the employee. This is referred to as "buying back" the military time, or making the "military deposit." Sometimes it pays to buy back the time and other times it does not. Like Milk, 2010 Has an Expiration Date Roth Conversions can be done after 2010, but at what cost? The 2010 expiration date on Roth conversions is quickly approaching which means that beginning January 1, 2011, the best opportunities to reduce the tax on a Roth conversion may be behind us. About this Email The FedSmith.com FREE daily email newsletter is sent each business day with a snapshot of the latest news headlines. FedSmith.com is growing every day as an influential Internet news Web site for the Federal community. Please forward this newsletter to your colleagues so they can also receive our latest news headlines each business day. Go to http://www.fedsmith.com/email_list to sign up for a free subscription, change your email address, or to unsubscribe. Be sure to respond to the confirming email. | Daily TSP Rates For October 18, 2010 | | Close | Change | YTD | G | $13.4272 | +0.0023 | +2.35% | F | $14.4689 | +0.0447 | +8.51% | C | $14.2658 | +0.1024 | +7.93% | S | $19.1336 | +0.1193 | +16.24% | I | $19.6309 | +0.0113 | +5.9% | L 2040 | $16.9887 | +0.0745 | +8.66% | L 2030 | $16.6846 | +0.0647 | +7.92% | L 2020 | $16.3778 | +0.0524 | +6.9% | L 2010 | $15.8502 | +0.0222 | +4.14% | L Income | $14.4667 | +0.0202 | +4.22% | More TSP Rates and Info are available at the TSP Corner Contacting FedSmith.com Please do not reply to this email. To ensure your email is read by a staff member contact FedSmith.com through our contact page. Advertise with Us Your ad could be in this email or on our site! Learn how to market to our wide and rapidly growing federal audience - click here. Have a New Email Address? If your email address has changed, you will need to unsubscribe your old email address and then re-subscribe with your new email address using the links below. Subscribe | Unsubscribe Reading this Email Late? If you're reading this email after the date it was sent, the links to the headlines may not take you to the accompanying story. Check our headline archives to find previous headlines from our home page. Headlines are kept in the archive for up to 2 weeks. Tell a Friend! If you like FedSmith, Inc. and our free service, please forward this email to a friend or colleague who might also enjoy reading our newsletter! Whitelist To prevent this email newsletter from getting caught in spam filters, please add our "From" address (fedsmith_subscribers@lists.fedsmith.com) to your email program's address book. |
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