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LSDefine

Simple English definitions for legal terms

FRTIB

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A quick definition of FRTIB:

Term: FRTIB

Definition: FRTIB stands for Federal Retirement Thrift Investment Board. It is a group of people who help manage retirement savings for federal employees. They make sure that the money is invested wisely so that when the employees retire, they have enough money to live on.

A more thorough explanation:

FRTIB

FRTIB stands for Federal Retirement Thrift Investment Board. It is an independent government agency that manages retirement savings plans for federal employees.

One example of a retirement savings plan managed by FRTIB is the Thrift Savings Plan (TSP). This plan allows federal employees to save for retirement by contributing a portion of their salary to a tax-deferred account. FRTIB then invests these funds in various investment options, such as stocks and bonds, to help grow the savings over time.

Another example is the Blended Retirement System (BRS), which was introduced in 2018 for new military members. FRTIB manages the investment options for the TSP component of the BRS, which allows military members to save for retirement in a similar way to federal employees.

FRTIB is responsible for managing retirement savings plans for federal employees and military members. The examples illustrate how FRTIB manages the investment options for these plans, which allows participants to save for retirement and potentially grow their savings over time through various investment options.

FRS | fructuarius

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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