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 ...
this new series aims to provide more context around how the TSP funds stack up to their peers. Your input has shaped what you ...
The Thrift Savings Plan offers a limited range of investment options, including traditional stock and bond funds and life cycle funds that adjust asset allocations as you advance in your career.
Lifecycle funds were made popular by an account known as the Thrift Savings Plan (TSP) for employees of the federal government and have since trickled down into private retirement plans.
Only one of the portfolios within the federal government’s 401(k)-style retirement savings program finished December in the ...
These matching funds are put into your TSP account by the government. They're basically free money! Contributions are made on a pre-tax (traditional) or after-tax (Roth) basis, depending on your ...
Much like with a Roth IRA or Roth 401(k), a Roth TSP won't give you a tax break now, but you can withdraw the funds tax-free in retirement. In 2024, TSP contribution limits are $23,000 ...
It is tempting to tap TSP funds for a hardship, and it could be the right thing to do, says Stephen Zelcer, a fiduciary advisor specializing in retirement planning and federal benefits.
These three ways to invest in your TSP can help you meet your retirement goals. Lifecycle Funds (L Funds): L Funds, life-cycle or target date funds, allow you to invest your entire portfolio in a ...