The investments of the federal government’s 401 (k)-style retirement savings program encountered a setback last month, as all but one of the Thrift Savings Plan’s portfolios lost value in ...

The Thrift Savings Plan is the federal government’s defined contribution retirement savings plan. It consists of a traditional option similar to a 401 (k) and a Roth option.

The Thrift Savings Plan (TSP) is a retirement savings plan for U.S. government employees and members of uniformed services. It’s a defined contribution plan, similar to a 401 (k).

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.

An advisor who specializes in Thrift Savings Plan rollovers to IRAs for postal workers is in hot water with the SEC for allegedly misinforming clients about fees and total costs. Since mid-2020 ...

With over $845 billion across more than 7 million participants at the end of 2023—including 116,000 TSP millionaires—the US Government’s Federal Thrift Savings Plan stands as the world’s ...

Investment options possibly less robust compared with a 401 (k) plan Loans and in-service withdrawals only available in limited circumstances Early distributions can trigger tax penalties.

The Thrift Savings Plan (TSP) has made it easier to withdraw your contributions. Effective Sept.15, 2019, the TSP changed many of its withdrawal rules and loosened the restrictions on when you can ...

Withdrawal Options After retirement, there are three basic methods of withdrawing money from the Thrift Savings Plan. For instance, these consist of: Installment payments, either monthly, quarterly, ...

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 ...

Seven plaintiffs who are participants of or eligible for benefits from the Thrift Savings Plan (TSP) – a Federal Government-sponsored retirement savings and investment plan similar to 401 (k) plans – ...