The big winners were the S and C funds, with month over month returns higher by more than 7% and 6%, respectively.

The TSP I Fund is making this update by changing its benchmark index, and it will fully follow the new index by the end of 2024. Exhibit 1 summarizes some of the major differences between the old ...

Rep. Eleanor Holmes Norton, D-D.C., introduced the Federal Retirement Thrift Investment Board Inspector General Act, in response to the troubled 2022 rollout of a new online system for the $937 ...

Officials at the federal government’s 401(k)-style retirement savings program announced on Monday that the Thrift Savings Plan has awarded a new recordkeeping services contract to Accenture ...

There is also a new contractor taking over early next year. Unfortunately, the Thrift Savings Plan break-in is not an exceptional case. Government systems nationwide, even those maintained by the ...

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 ...

By educating federal employees, diversifying portfolios, managing risks and planning for the long term, advisors can help clients make the most of this new investment option. As the TSP evolves ...

The Thrift Savings Plan's (TSP) recent announcement that it would be offering five new Lifecycle Funds caught my attention. Even though the "L" funds have been available since 2005, not everyone ...

It has the lowest risk of the five funds and money contributed into the TSP by new participants was placed into this fund by default until Sept. 15, 2015 unless the participant specified otherwise.

You can instruct the TSP to transfer your funds directly to your new retirement plan. Alternatively, you can withdraw the funds and deposit them personally to a Roth IRA by a set deadline.