It also means roughly 24,000 more feds have crossed the million-dollar threshold in the last three months. Join us Aug. 26 for Workforce Reimagined, a one-day virtual event focused on building a ...

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

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 ...

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 ...

When the Thrift Savings Plan was first opened to investors in 1987, the only option was the G Fund, made up of short-term U.S. Treasury securities backed by the full faith and credit of the ...

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 ...

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.

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.

My wife and I are 67 and 62, respectively. We own our apartment valued at $825,000. I also own an apartment with our only ...

I am contemplating retiring at the end of the year. I’m married and will receive two monthly pension payments; $3,600 from ...

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.