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 ...

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 ...

Think about it: How many times has your address changed since you’ve started contributing to the TSP? If you’re like many of your fellow military members, you’ve probably PCS’d more than a few times.

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 ...

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 Thrift Savings Plan posted a notice on its website warning account holders away from an unsanctioned smart phone application. According to TSP, the Apple App Store lists a free iPhone application ...

Representative Jen Kiggans, R-Virginia, introduced on Monday the Financial Opportunities for Retirees and Warriors Advancing Retirement Development Act, a bill aimed at allowing certain military ...

Last week's scare at the Thrift Savings Plan is an opportunity to offer this reminder: Do not click on Web links in unsolicited e-mails. Someone, or some group, operating from somewhere, took ...

Question: “I am a retired federal employee after 35 years of service. I currently have $900k in my TSP account and receive my monthly annuity and Social Security. My house is paid off and the monthly ...

Every week, Allworth Financial’s Amy Wagner and Steve Hruby, CFP ®, answer your questions. If you, a friend, or someone in ...