Warning from Thrift Savings Plan: TSP App Could be Security Risk

TSPfundsWarning: Apple App store offering TSP App not sanctioned by TSP —  A free iPhone App, TSP Funds, currently being offered through the Apple App store asks TSP participants for their account login information. This app is not being offered through the TSP and the TSP does not recommend using this application to access your TSP account. Providing this information could result in a security risk to your account.

Source: www.TSP.gov

This Week is Military Saves Week!

MilitarySavesImage2013_400February 25-March 1 is Military Saves Week and the Ellsworth AFB Airman & Family Readiness Center is hosting a financial seminar every day from 1130-1230 at the Deployment Center Auditorium. Why not spend your lunch learning how to improve your finances? No registration is required, All seminars are FREE for the Ellsworth AFB Community!

Seminar Schedule is as follows:

Monday, 25 FEB – 11:30 AM—12:30PM
Life Insurance & Survivor Benefit Plan

Tuesday, 26 FEB – 11:30 AM—12:30PM
Investing & Thrift Savings Plan

Wednesday, 27 FEB – 11:30 AM—12:30PM
Scholarships & Financing College

Thursday, 28 FEB – 11:30 AM—12:30PM
Identity Theft & Your Credit

Friday, 1 MAR – 11:30 AM—12:30PM
What Are YOU Saving For?

Phishing attempt involving DFAS identified

Beware – scam emails – that appear to be sent by DFAS employees!

There are emails being sent to individuals, including military members, military retirees, and civilian employees, which appear to be sent by a DFAS employee.  Although the email appears to come from a DFAS employee and displays a dot mil address it is actually from a non-government email account.  This is an example of what’s called “spoofing.”

The emails indicate that individuals who are receiving disability compensation from the Department of Veterans Affairs (VA) may be able to obtain additional funds from the Internal Revenue Service (IRS).  These emails are not issued by DFAS and will likely result in a financial loss if you comply with the suggestions in the email.  Bottom line – do not send your personal information or copies of your tax returns and 1099s to the individual listed in the email.

The email indicates that individuals receiving VA disability compensation can receive additional funds from the IRS.  The email states that such funds can be obtained by sending copies of your VA award letter, your income tax returns, your 1099-Rs, your RAS statements, and a copy of your DD 214, to a so-called retired Colonel at an address in Florida.  Do NOT follow the suggestions in the email because you will be providing a significant amount of your personal information to a complete stranger, which could result in a financial loss to you.

DFAS has posted information on Facebook and they have also posted some info on the www.dfas.mil website.