If you have a Thrift Savings Plan (TSP) account, you can access your account online. However, that is often easier said than done. What with crazy account numbers and special passwords that ...

One feature of the TSP is the ability to borrow money against your account balance. Financial experts don’t recommend taking out loans against retirement accounts, but if you’re stuck in a ...

Fortunately for participants, TSP administrators have taken proactive measures to reduce the threat to account holders. The most important change came in December 2019, when administrators made ...

When you borrow from your TSP, the money comes out of your account balance in proportional amounts from traditional and Roth investments. For example, if 80% of your account is in your traditional ...

TSP loans let you borrow some of the money you have in your TSP account. In this case, you essentially act as your own lender, and you make payments back—with interest (currently 1.125% ...

This amount is $11,250. Employees who are new to federal employment can roll over 401(k) and individual retirement account (IRA) assets into a TSP. Rollovers can also go in the opposite direction ...

A TSP allows federal workers to invest in a tax-advantaged retirement account. Much like an individual retirement account (IRA), there are traditional TSPs, in which money is taxed when you ...

You can ask the TSP to transfer your retirement funds or do it yourself When you leave your federal job, you might want to consider moving the funds you’ve accumulated in your traditional thrift ...

For Federal employees and members of the uniformed services, two of the most popular retirement accounts are the Thrift Savings Plan (TSP) and the Roth Individual Retirement Account (Roth IRA ...

A Roth TSP account works the same way as a Roth IRA, but is only available to military servicemembers and certain federal workers. The Roth TSP has higher contribution limits than a Roth IRA.

Each Soldier and Department of Defense civilian employee is offered a TSP retirement product account as a benefit of federal service. It is important to understand the various products offered to ...

Fortunately for participants, TSP administrators have taken proactive measures to reduce the threat to account holders. The most important change came in December 2019, when administrators made ...