New options for federal employees and retirees to withdraw finds from their Thrift Savings Plan went live on Sept. 15. Under the new policy, feds 59.5 years of age and older can make four withdrawals ...

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 ...

WASHINGTON, D.C. - U.S. Senators Rob Portman (R-OH) and Tom Carper (D-RI) introduced legislation today to strengthen Thrift Savings Plan (TSP) retirement accounts by modernizing the overly restrictive ...

The bills, which lack Republican support, also aim to ensure that federal employees have access to TSP loans during government shutdowns. Congressional Democrats introduced bills that would waive ...

Mike Zaino, of The Zaino Group, is a Registered Financial Consultant and National Retirement Counselor serving federal and postal employees. Federal employees have access to a valuable retirement ...

After the Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27, the Federal Retirement Thrift Investment Board (FRTIB) created a CARES Act project that included ...

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 ...

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 ...

WASHINGTON — Current and former federal employees and military personnel starting Sunday will have more options when withdrawing money from their retirement accounts. The Thrift Savings Plan will ...

The Thrift Savings Plan (TSP), a cornerstone of retirement planning for federal employees and uniformed service members, oversees an impressive $845 billion in assets, making it the nation's largest ...

F or this Mailbag Monday: A number of Diary readers wrote or called last week saying they were concerned that their IRS Form 1099 from the Thrift Savings Plan had not arrived, delaying their tax ...