I have over $1 million in IRA accounts, my government Thrift Savings Plan, and $100,000 in Roth accounts. I will be 71 this ...

You can ask the TSP to transfer your retirement funds or do it yourself When you leave your federal job, you might want to ...

The Thrift Savings Plan (TSP), a cornerstone of retirement ... which lowers their current income taxes or as a Roth contribution, which allows for tax-free withdrawals in retirement.

The Thrift Savings Plan (TSP) is a retirement savings plan ... funds from a traditional TSP or are completely tax-free in a Roth TSP. TSPs provide federal employees the same retirement savings ...

For the earnings in your contributions to be tax-free, you must have contributed to the Roth for at least five years and be at least age 59 1/2. The Thrift Savings Plan has six investment options ...

are covered by an employer-sponsored retirement plan, such as a 401(k). Another difference between traditional and Roth IRAs lies in withdrawals. With traditional IRAs, you have to take RMDs ...

Workers who contribute to a 401(k), 403(b), most 457 plans and the federal government's Thrift Savings Plan can contribute ... The limit for both traditional and Roth IRAs is $7,000 total ...

The 2023 Thrift Savings Plan contribution limit is $22,500, which applies to both traditional and Roth contributions made by an employee during the calendar year. If you’re age 50 or older (or ...

The Thrift Savings Plan, or TSP, is a kind of defined contribution retirement plan for employees of the federal government, including members of the uniformed services (Army, Navy, Air Force ...