A June 1 update to the Thrift Savings Plan (TSP) website has left the system hard to log into, confusing and missing basic information, users are complaining. The federal government's Thrift Savings ...

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 ...

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 ...

Officials at the federal government’s 401(k)-style retirement savings program have offered a couple of updates regarding the tumultuous transition to a new recordkeeping service, as thousands of ...

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) ...

Join the military and become a millionaire. Not a pitch you’ll likely hear from military recruiters. But maybe it could be. No, you’ll never become wealthy off your military retirement ...

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 US federal government’s Thrift Savings Plan ended April 2024 with $872 billion in assets serving more than 7 million participants—or one in every 25 workers in the United States. Our series of ...

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 ...

FORT KNOX, Ky. — Have you logged into your The Thrift Savings Plan account recently? There are some new changes coming to TSP on the horizon this year. Many of you know TSP is a financial plan for ...

Jim Absher is a Military.com benefits columnist. The Thrift Savings Plan (TSP) will undergo several changes in the next few months, beginning with a transition to a new service provider in May 2022, ...