Thrift Savings Plan participants need to carefully weigh the advantages and potential tax pratfalls of moving their balances to an after-tax investment strategy.

Federal employees can use a new Thrift Savings Plan tool to weigh the tax costs and retirement advantages of moving traditional balances to Roth.

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 ...

Starting January 1, 2026, Federal employees and retirees will be able to convert money from their traditional Thrift Savings Plan accounts to a Roth TSP account. Federal employees can make their ...

The Thrift Savings Plan (TSP) is a valuable retirement savings tool for military members, offering tax-advantaged growth and low-cost investment options. When money gets tight, the option to borrow ...

From 2000 through 2013, at least 40,000 federal employees retired each year, with nearly 62,000 retiring in 2013. As of July last year, 14% of federal employees were eligible to retire, with that ...

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, ...