Pay & Benefits
Democrats introduce bill to ease TSP withdrawals, loans during shutdowns
The Emergency Relief for Federal Workers Act would clarify that lapses in appropriations qualify federal workers to take a hardship withdrawal from the federal government’s 401(k)-style retirement savings program and eliminate the associated 10% penalty in those instances.
Pay & Benefits
Some good news for federal employees: TSP shows steady growth and healthy fund performance
The Thrift Savings Plan has surpassed $1 trillion in assets, providing steady returns in 2025.
Pay & Benefits
TSP funds continue to tick upward in September
For a second consecutive month, all of the funds in the Thrift Savings Plan increased in value.
Pay & Benefits
All TSP funds were back in the black in August
The Thrift Savings Plan’s international investments rebounded last month after lagging behind other portfolios in July.
Pay & Benefits
TSP funds post mixed returns in July
While domestic investments in the federal government’s 401(k)-style retirement savings program posted gains last month, its international fund faltered.
Pay & Benefits
TSP funds continued their upward swing in June
Each of the portfolios in the federal government’s 401(k)-style retirement savings program gained value last month.
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