Senators Cassidy and Kaine propose a $1.5 trillion bipartisan fund to stabilize Social Security and prevent its collapse.

Learn about the federal government's Thrift Savings Plan, or TSP, a retirement plan for its employees. As with a 401(k), contributions and earnings are tax-deferred.

Thrift Savings Plan withdrawals are required once you turn 72. If you choose to put the money into a Roth IRA, you can pay the income taxes on the distribution now.

The Thrift Savings Plan was rolled out in 1986 as part of the Federal Employees' Retirement System Act of 1986, and was structured to offer similar benefits to a 401(k) plan, "including tax ...

Four Thrift Savings Plan funds saw declines in December, but finished 2024 in the black. Peter Dazeley / Getty Images Get the latest pay and benefits news delivered to your inbox.

TSP L 2030 Fund appears as a “kink” in the TSP L Fund‘s equity asset-allocation glide path, currently marking the point at which the funds begin a relatively steep path to a lower asset ...

A thrift savings plan is considered a qualified retirement plan. This means it meets IRS requirements for tax-advantaged retirement savings plans, similar to a 401(k) plan.

The Thrift Savings Plan has approximately 7.2 million participants and beneficiaries, with about 38% of participants having some money invested in a Roth account. However, ...

Thrift Savings Plan contribution limits are $23,500 in 2025, up from $23,000 in 2024. Plus, new super catch-up limits for people ages 60-63.

What Is the Contribution Limit for the Thrift Savings Plan? The annual contribution limit for the Thrift Savings Plan is $23,000 in 2024 and $23,500 in 2025. If you are 50 and older, you can ...