Thrift Savings Plan
Employees should leverage their options with their Thrift account. Saving properly can drastically alter their retirement income. Also choosing the right way to use the funds in retirement will ensure that you can never outlive your savings. Contact us if you are close to retirement and need to set yourself up for a secure income for life.
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TSP News
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Common TSP Forms
TSP Form Library: Download TSP Forms The new Thrift Savings Plan (TSP) website has an easier way to access the TSP form library. To access a specific TSP form click here. Some of the most requested TSP forms include: TSP Form: TSP-70, Request for Full Withdrawal Use this form to... -
Inservice Withdrawls from TSP
The Thrfit Savings Plan is a long-term retirement savings plan that provides special tax advantages. Limitations on in-service withdrawals help ensure that retirement savings will be used for their intended purpose. Therefore, TSP participants who are still employed by the federal government, including those employees in nonpay status, are limited... -
TSP Contributions
Thrift Savings Plan Contributions: Basic Rules Basic rules for contributing to your Thrift Savings Plan account. (Please note any difference between CSRS and FERS employees.) If you are a FERS employee: If you are a CSRS employee: All FERS and CSRS employees: You can start, change, stop, or resume TSP... -
TSP Loans
There are two types of Thrift Savings Plan Loans: Residential Loan A residential loan can be used only for the purchase or construction of a primary residence. The residence can be a house, condominium, shares in a cooperative housing corporation, or a townhouse, boat, mobile home, or recreational vehicle, but... -
3 Considerations Before You Borrow From Your Thrift Savings Plan Account
The Thrift Savings Plan was designed to provide you with income after you retire. The amount you will have in your account depends on the decisions you make — how much you contribute, how you invest, and whether you take money out of your account before retirement. The Thrift Savings... -
Thrift Savings Plan (TSP) Investment Choices
As a CSRS or FERS federal employee, you can invest any portion of your account in any of the Thrift Savings Plan investment funds: You can allocate any whole percentage of your future contributions (including loan payments and transfers from traditional IRAs or eligible employer plans) to any of the... -
Thrift Savings Plan (TSP) Overview
The Thrift Savings Plan (TSP) is a retirement savings and investment plan for federal employees. The purpose of the TSP is to provide supplemental retirement income. The TSP offers federal employees the same type of savings and tax benefits that many private corporations offer their employees under “401(k)” plans. In... -
Retiring? What to do with TSP
Thrift Savings Plan (TSP) Withdrawal Options After Leaving Federal Service What do I need to know before making a withdrawal from my TSP account? You are eligible to withdraw your account when you separate from federal service. You can also leave all or a portion of your account in the... -
TSP Form Library: Download TSP Forms
The new Thrift Savings Plan (TSP) website has an easier way to access the TSP form library. To access a specific TSP form click here. Some of the most requested TSP forms include: TSP Form: TSP-70, Request for Full Withdrawal Use this form to request an immediate withdrawal of your...