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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.
The Thrift Savings Plan is similar to the retirement benefits that many private corporations offer their employees under so-called "401(k)" plans. Thrift Savings Plan: Your Investment Mix.
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 ...
The Thrift Savings Plan also offers Lifecycle Funds, similar to target-date funds. For example, these 10 “L” funds are a diversified mix of the plan’s five core funds. Currently, these 10 funds range ...
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 ...
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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 ...
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 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 December.
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