Active-duty and federal employee veterans have until Dec. 31 to contribute to their Thrift Savings Plan for 2025. The annual limit is $23,500, with an extra $7,500 catch-up for those 50 and older; or ...

If you’re a government worker with a Thrift Savings Plan (TSP) from your employer, congratulations! With low management fees to matching contributions, you have one of the best investing tools ...

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 don’t recall when it was that I first heard – or perhaps read – that simple bit of financial wisdom. But I do know it was sometime way back in my younger days, and that it sure sounded right – like ...

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 ...

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. Starting in late ...

All current military members will have a Thrift Savings Plan (TSP) account created for them when they enter the service and process through payroll. The government will automatically contribute 1% of ...

The move is part of a $3.3 billion contract to consolidate multiple service contracts at the Federal Retirement Thrift Investment Board. Contracts Workforce Management Participants can expect ...

A group of seven participants in the federal government’s 401(k)-style retirement savings plan last week filed a class action lawsuit against the Thrift Savings Plan and two federal contractors over ...

The Thrift Savings Plan (TSP) will see several changes in the upcoming year, including a new mobile app, online chat assistance, electronic funds transfer and a long-awaited option for investors to ...

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