All current military members will have a Thrift Savings Plan (TSP) account created for them when they enter the service and process through payroll. The government will automatically contribute 1% of ...

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 ...

The Thrift Savings Plan (TSP), a cornerstone of retirement planning for federal employees and uniformed service members, oversees an impressive $845 billion in assets, making it the nation's largest ...

"Starting in January, employees and retirees can transfer money from their regular TSP account to a Roth TSP account," said Art Stein.

Officials at the federal government’s 401(k)-style retirement savings program have offered a couple of updates regarding the tumultuous transition to a new recordkeeping service, as thousands of ...

As you surely know, one of the most valuable benefits of federal employment is the prospect of a guaranteed stream of income in retirement. That is, a pension (annuity). At the same time, you might ...

A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify, ...

The Thrift Savings Plan (TSP) will offer participants the option to convert their traditional investments to Roth status ...

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