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 ...

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 ...

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 ...

Only if you’ve maxed out your thrift savings plan's match Reviewed by Ebony Howard Just as many private-sector employees can contribute to a 401(k) plan, active members of the United States armed ...

HUNTER ARMY AIRFIELD, Ga., -- There are three common mistakes individuals make when it comes to their Thrift Savings Plan according to Michelle Roper, an accredited financial readiness specialist on ...

I was recently helping a lifelong friend and client with his Government TSP investment allocation. Every time I look into the TSP investment options, I am shocked that they don’t have an option for ...

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The lifecycle funds added to the Thrift Savings Plan four months ago are taking hold in the retirement program faster than expected, top TSP officials said yesterday. About 200,000 government ...

The federal government’s 401(k)-style retirement savings program saw each of its portfolios grow in value for the second straight month in August. The Thrift Savings Plan’s international (I) fund was ...