Thrift savings plans (TSPs) and 401(k) accounts are two vehicles used to save and invest for retirement. Both operate similarly in many ways, including tax advantages, caps on contributions and ...
The Federal Employees' Retirement Security Act of 1986 established the Thrift Savings Plan, or TSP. It is a qualified ...
With almost $900 billion and more than 7 million participants, the US Federal Government’s Thrift Savings Plan is the largest retirement plan in the world. This series of articles answers some of the ...
A thrift savings plan (TSP) is a retirement savings program specifically designed for federal employees and members of the military. TSPs are considered qualified retirement plans, and this status ...
Just as April showers bring May flowers (except in Florida, where our showers don’t really begin until the summer), hopefully your retirement savings and investments are blossoming into a comfortable ...
As a service member, you have access to the U.S. military’s Thrift Savings Plan, an employer-based, tax-advantaged retirement savings tool. Hopefully you’ve been contributing to your TSP, and if ...
Jim Absher is a benefits columnist for Military.com. The Thrift Savings Plan (TSP) will see several changes in the upcoming year, including a new mobile app, online chat assistance, electronic funds ...
The TSP has prepared a new fact sheet titled, Information for TSP Participants Leaving Federal Employment that provides useful information for employees who may find themselves facing the end of their ...
For government employees who are at or near retirement, the decision to keep assets in the Thrift Savings Plan versus rolling them into an IRA is not necessarily an easy one to make. The most common ...