Pay & Benefits
Tax-free…or not? Avoid these 4 Roth TSP mistakes
Not all money in a Roth Thrift Savings Plan account is automatically tax-free, and there are several things to consider before making a withdrawal to avoid tax and other penalties.
Pay & Benefits
Think you're ready to tap your TSP? Here's what you might be missing
Before touching your Thrift Savings Plan funds, make sure you understand the rules—and the risks—you might not have planned for.
Pay & Benefits
TSP funds rebound following months of losses
Only one portfolio in the federal government’s 401(k)-style retirement savings program finished May in the red.
Pay & Benefits
Senator says VA is slow-footing benefits law, congresswoman wants a watchdog for Thrift Investment Board
Del. Eleanor Holmes Norton, D-D.C., has brought back legislation that would create an inspector general for the Federal Retirement Thrift Investment Board, while the Senate Veterans’ Affairs Committee’s ranking member argues the department is too slow in implementing legislation.
Pay & Benefits
Domestic TSP funds continued to swoon in April
The federal government’s 401(k)-style retirement savings program continued to produce a mixed bag for participants last month.
Pay & Benefits
Domestic TSP funds tumble amid government layoffs, tariff threats
Most of the portfolios in the federal government’s 401(k)-style retirement savings program finished March in the red.
Pay & Benefits
Need fast cash? A TSP loan may be the answer
While not ideal, it is an option available to federal employees who need financial help.
Pay & Benefits
TSP funds posted mixed results in February
Portfolios invested in American businesses weighed down an otherwise positive month for the federal government’s 401(k)-style retirement savings program.
Pay & Benefits
TSP funds rebound to start 2025
After a rocky end to 2024, all funds in the federal government’s 401(k)-style retirement savings program finished January in the black.
Pay & Benefits
Thrift Savings Plan funds end the year on the downswing
Only one of the portfolios within the federal government’s 401(k)-style retirement savings program finished December in the black.
Pay & Benefits
Nearly every TSP fund rebounded in November
Only one of the portfolios in the federal government’s 401(k)-style retirement savings program lost value last month.
Pay & Benefits
Retirement decisions that can't be reversed
Here are the retirement decisions that require careful consideration since they cannot be changed.
Pay & Benefits
Most TSP funds took a tumble in October
Only two portfolios in the federal government’s 401(k)-style retirement savings program ended last month in the black, ending a three-month run of gains.
Pay & Benefits
TSP continues upward trek for third straight month
Each portfolio within the federal government’s 401(k)-style retirement savings program saw modest gains in September.
Pay & Benefits
Why do employees want to be feds? Benefits are a big reason
In a 2023 OPM survey, 90% or more of federal employees said that the availability of health and retirement benefits are important to them.
Pay & Benefits
All TSP portfolios posted modest gains in August
Each of the federal government’s 401(k)-style retirement savings program’s investment options gained value for the second straight month.
Pay & Benefits
Federal government needs better oversight of TSP’s records system
A GAO report found that the Federal Retirement Thrift Investment Board did not ensure that acquisition management practices were fully enforced when it modernized the system that oversees its 401(k)-style retirement savings program.
Pay & Benefits
TSP boasts strong performance in July
Each of the portfolios in the federal government’s 401(k)-style retirement savings program gained value last month.
Pay & Benefits
Roadblocks to TSP participation
Federal employees need to have a basic understanding of their retirement benefits from day one on the job.
Pay & Benefits