Learn about federal agency automatic contributions to Thrift Savings Plans, offering 1% of pay, and how they impact your ...

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 ...

Once when I asked a young friend who had just started her first job after college graduation why she decided not to contribute to her company’s 401(k) plan, she told me that she didn’t think she was ...

The Thrift Savings Plan (TSP), a retirement plan for federal employees and uniformed service members, is the nation's largest defined contribution plan, with seven million participants and over $845 ...

The Internal Revenue Service announced on Friday that it will allow contributions of up to $23,500 for 401(k) plans in 2025, up from this year’s limit of $23,000. The same $23,500 limit will be in ...

The House yesterday approved legislation to give some older federal employees the ability to make "catch-up" contributions to their Thrift Savings Plan accounts. Under the bill, sponsored by Rep.

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, ...

T wo bills -- and a billion dollars' worth of difference in them. That's the bottom line on efforts to revamp how the Thrift Savings Plan works. Legislation in the House and Senate would change TSP ...