A thrift savings plan (TSP) is a retirement savings program specifically designed for federal employees and members of the military. TSPs are considered qualified retirement plans, and this status ...

HUNTER ARMY AIRFIELD, Ga., -- There are three common mistakes individuals make when it comes to their Thrift Savings Plan according to Michelle Roper, an accredited financial readiness specialist on ...

A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify, ...

As part of the TSP Modernization Act of 2017, the federal government's Thrift Savings Plan (TSP) has introduced a significant update that holds considerable promise for both government employees and ...

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As a service member, you have access to the U.S. military’s Thrift Savings Plan, an employer-based, tax-advantaged retirement savings tool. Hopefully you’ve been contributing to your TSP, and if ...

Thrift Savings Plan participants and spousal beneficiaries can shift money from traditional, pre-tax TSP balances to Roth accounts without leaving the plan, starting in January 2026. Starting in late ...

Starting January 1, 2026, Federal employees and retirees will be able to convert money from their traditional Thrift Savings Plan accounts to a Roth TSP account. Federal employees can make their ...

Starting in 2026, the Thrift Savings Plan (TSP) will give every federal employee a new power move. For the first time, you’ll be able to convert your traditional (pre-tax) TSP balance into Roth (after ...

Alarmed by a surge in stock and bond trading by a small group of government employees, the board that oversees the Thrift Savings Plan voted yesterday for a crackdown on participants who try to beat ...

If the U.S. is headed for a recession, federal employees need not to panic about their investments, but instead strategically ...

I am writing regarding the Aug. 2, 2024, article titled "Thrift Savings Plan's rocky rollout of new system caused by mismanagement, GAO says." The article painted an incomplete picture of the results ...