A thrift savings plan is considered a qualified retirement plan. This means it meets IRS requirements for tax-advantaged retirement savings plans, similar to a 401(k) plan.

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 ...

The Thrift Savings Plan is a retirement savings and investment account for federal government employees. Also known as the TSP, the Thrift Savings Plan offers similar features and benefits to a ...

With a Thrift Savings Plan (TSP) loan, uniformed service members and federal employees can borrow against their retirement plans, often with lower interest rates and easier qualification criteria ...

A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify ...

The Thrift Savings Plan (TSP), a retirement plan for federal employees and uniformed service members, is the nation's largest defined contribution plan, with seven million participants and over $ ...

The Thrift Savings Plan, or TSP, is a kind of defined contribution retirement plan for employees of the federal government, including members of the uniformed services (Army, Navy, Air Force ...

Similar to a traditional 401(k) retirement savings plan, pretax contributions to a TSP account lower your taxable income, while contributions and earnings grow tax-sheltered until you withdraw them.

Thiago Glieger: That’s right. The nice thing about the Thrift Savings Plan, the TSP, is that they will actually make sure that the R&D happens for you. But if you’ve got other retirement accounts like ...

Yes, this situation would qualify for a TSP hardship withdrawal, says Stephen Zelcer, a fiduciary advisor specializing in retirement planning and federal benefits. See here: https://www.tsp.gov ...

It is tempting to tap TSP funds for a hardship, and it could be the right thing to do, says Stephen Zelcer, a fiduciary advisor specializing in retirement planning and federal benefits.