As you surely know, one of the most valuable benefits of federal employment is the prospect of a guaranteed stream of income in retirement. That is, a pension (annuity). At the same time, you might ...
For government employees who are at or near retirement, the decision to keep assets in the Thrift Savings Plan versus rolling them into an IRA is not necessarily an easy one to make. The most common ...
Editor's note: An earlier version of this article incorrectly said Roth TSP distribution may not be subject to income tax and a 10% penalty under certain circumstances. Tax-free Roth Thrift Savings ...
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 ...
The Thrift Savings Plan is a workplace retirement plan for federal employees and military service members (including active-duty military, reserves and National Guard) that is very similar to a 401(k) ...
Think about it: How many times has your address changed since you’ve started contributing to the TSP? If you’re like many of your fellow military members, you’ve probably PCS’d more than a few times.
I don’t recall when it was that I first heard – or perhaps read – that simple bit of financial wisdom. But I do know it was sometime way back in my younger days, and that it sure sounded right – like ...
The Thrift Savings Plan (TSP) will offer participants the option to convert their traditional investments to Roth status ...
The Internal Revenue Service (IRS) has raised retirement account contribution limits, allowing Americans to invest more ...
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, ...
The Thrift Savings Plan posted a notice on its website warning account holders away from an unsanctioned smart phone application. According to TSP, the Apple App Store lists a free iPhone application ...
Last week's scare at the Thrift Savings Plan is an opportunity to offer this reminder: Do not click on Web links in unsolicited e-mails. Someone, or some group, operating from somewhere, took ...