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A rule change allows furloughed feds and those working without pay to take out loans against their retirement during shutdowns. A rule change taking effect Feb. 5 allows furloughed feds and those ...

The Thrift Savings Plan is changing its loan program in an effort to discourage government employees and retirees from using it as a line of credit. Starting July 1, the TSP will charge a $50 fee to ...

U.S. Sens. Tim Kaine (D-VA), Ron Wyden (D-OR), and Patty Murray (D-WA), Susan Collins (R-ME) introduced the Emergency Relief for Federal Workers Act of 2019 to ensure that federal employees can access ...

Thrift Savings Plan participants and spousal beneficiaries can shift money from traditional, pre-tax TSP balances to Roth accounts without leaving the plan, starting in January 2026. PLANADVISER is ...

PORTLAND, Ore. (KOIN) – On day three of the government shutdown, Senator Ron Wyden (D-OR) helped introduce a bill on Friday to support federal workers experiencing financial hardship while Congress is ...

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, ...

I am writing regarding the Aug. 2, 2024, article titled "Thrift Savings Plan's rocky rollout of new system caused by mismanagement, GAO says." The article painted an incomplete picture of the results ...