The thrift savings plan (TSP) ... Traditional IRAs and TSPs, as well as Roth TSPs, have required minimum distributions (RMDs) that start at age 73.

Government employees enjoy a multitude of benefits, such as special discounts and generous sick leave. These benefits also extend to retirement. Specifically, the Roth Thrift Savings Plan (TSP ...

A 2024 satisfaction survey of Thrift Savings Plan participants found that 35% were likely or extremely likely to take advantage of an in-plan Roth conversion feature, he said.

Thrift Savings Plan. “ Tax Rules About TSP Payments ,” Page 6 (Page 10 of PDF). Internal Revenue Service. “ 401(k) Limit Increases to $23,000 for 2024, IRA Limit Rises to $7,000 .” ...

Not all money in a Roth Thrift Savings Plan account is automatically tax-free, and there are several things to consider ...

In 2012, The Thrift Savings Plan (TSP) introduced a Roth feature, allowing participants the flexibility to contribute after-tax dollars to their retirement plan.

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 ...

Money explains what is the thrift savings plan. Getty Images. From Social Security, 401(k) and 403(b) plans to traditional or Roth individual retirement accounts (IRAs), ...

Ten years ago, the Thrift Savings Plan began offering a Roth option. Contributions to a Roth TSP fund are made with post-tax money (versus pre-tax for traditional TSP funds) but are generally tax ...

Public sector workers with a Thrift Savings Plan (TSP) may be tempted to move their retirement funds elsewhere. TSPs, though generally great products, aren’t flawless and tend to lose their ...