The Thrift Savings Plan (TSP) is a defined contribution plan that is available only to military service members and federal employees. It is similar to the 401(k) plans offered by many private-sector ...

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 ...

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 ...

Federal employees do a great job saving for retirement in the Thrift Savings Plan, and the numbers prove it. Here are a few of the outstanding statistics: On the worrisome side, TSP participants' ...

Comprehensive guide explains the January 1, 2026 changes to TSP catch-up contributions, in-plan Roth conversions, and updated contribution limits — and outlines how federal workers can use rollover ...

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, ...

When most current federal employees retire from government, they will have three different sources of retirement income: the Federal Employees Retirement System basic benefit, a Social Security ...

The military's compensation structure has several built-in ways to make it easy to increase your Thrift Savings Plan contributions on a regular basis. The federal government's Thrift Savings Plan is a ...

While taking a loan from a TSP account may be a simple solution, it is important to understand the long-term reasons a service member may want to avoid doing so. The most significant reason to avoid ...