The federal government is one of the nation’s largest employers. It employs millions of people; you may even be one of them. One of the largest perks of government employment is access to retirement security. Millions of employees participate in some sort of federal retirement savings or investment plan. The popular Thrift Savings Plan (TSP) has over 5 million participants alone.
However, your federal retirement savings may be vulnerable to fraud. The SEC is warning retirement plan participants and investors, particularly TSP participants to beware of fraudulent activity.