Starting January 1, 2026, Federal employees and retirees will be able to convert money from their traditional Thrift Savings ...

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, ...

On July 1, the Thrift Savings Plan (TSP) will add six new funds and retire one, giving participants a total of 15 options of how to invest their retirement savings. The TSP will add six more lifecycle ...

H.R. 3031, the TSP Modernization Act of 2017, expands withdrawal options for Thrift Savings Plan (TSP) participants. The TSP is a 401 (k)-equivalent retirement account for Federal employees. H.R. 3031 ...

Officials at the agency that administers the federal government’s 401(k)-style retirement savings program announced last week that they would explore hiring a new firm to manage four of the plan's ...

The Thrift Savings Plan (TSP) is a defined contribution retirement plan offered to federal employees, similar to a 401(k). TSP is the nation’s largest retirement plan with about 5 million participants ...

Officials at the federal government’s 401(k)-style retirement savings program on Wednesday provided participants with an update on how they can access money from their accounts if they have been ...

The CARES Act offers temporary loan and withdrawal options to Thrift Savings Plan participants affected by COVID-19. The loan options described below will be available no later than June 22 and that ...

The Federal Retirement Thrift Investment Board rolled out new ways for Thrift Savings Plan participants – both current feds and retirees -- to access funds. Workforce Management New options for ...

Both Roth thrift savings plans (TSPs) and Roth individual retirement accounts (IRAs) can offer significant tax advantages and the potential for tax-free growth, but they cater to different needs and ...

The Thrift Savings Plan (TSP) has made it easier to withdraw your contributions. Effective Sept.15, 2019, the TSP changed many of its withdrawal rules and loosened the restrictions on when you can ...

Federal Retirement Thrift Investment Board, Washington, proposed a rule to provide Thrift Savings Plans participants with additional withdrawal options and flexibility. The new polices would go into ...