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 ...

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 ...

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' ...

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 ...

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 federal employees navigate the 2026 tax year, the TSP contribution limit has increased to $24,500, offering a fresh opportunity to boost retirement savings. Coupled with the newly available in-plan ...

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 ...

ATLANTA — More than 6 million Americans, including tens of thousands of them here in Georgia, have their retirement savings in the federal Thrift Savings Plan. It’s essentially the 401K for federal ...

Coordinating your Thrift Savings Plan with IRAs, 401(k)s, and taxable accounts can unlock more flexibility, lower taxes, and strengthen your retirement income plan. The right mix helps you tap the ...