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  2. The Ins and Outs of the Thrift Savings Plan (TSP ... - AOL

    www.aol.com/finance/ins-outs-thrift-savings-plan...

    Traditional Thrift Savings Plan. In a traditional account, you have your contributions withheld from your paycheck before they are taxed. This reduces your taxable income by the amount of your ...

  3. Thrift Savings Plan - Wikipedia

    en.wikipedia.org/wiki/Thrift_Savings_Plan

    The Thrift Savings Plan ( TSP) is a defined contribution plan for United States civil service employees and retirees as well as for members of the uniformed services. As of December 31, 2021, TSP has approximately 6.5 million participants (of which approximately 3.9 million are actively participating through payroll deductions), and more than ...

  4. Federal Retirement Thrift Investment Board - Wikipedia

    en.wikipedia.org/wiki/Federal_Retirement_Thrift...

    The Thrift Savings Plan is a tax-deferred defined contribution plan similar to a private sector 401(k) plan. The Thrift Savings Plan is one of the three parts of the Federal Employees Retirement System, and is the largest defined contribution plan in the world. As of August 2021, the board manages $794.7 billion in assets on behalf of 6.4 ...

  5. What is a TSP loan? - AOL

    www.aol.com/finance/tsp-loan-191530282.html

    A Thrift Savings Plan (TSP) is a retirement plan offered to uniformed service members or employees of the federal government. A TSP loan allows members of a TSP retirement plan to borrow against ...

  6. A Senior's Guide to Thrift Savings Plan Rollovers

    www.aol.com/seniors-guide-thrift-savings-plan...

    The Thrift Savings Plan is a retirement plan offered to federal employees and members of the military. In terms of contribution limits and taxation, it’s the federal equivalent of a 401 (k) plan ...

  7. Federal Employees Retirement System - Wikipedia

    en.wikipedia.org/wiki/Federal_Employees...

    The Thrift Savings Plan (TSP), a defined contribution plan which operates like a 401(k). Transition from CSRS to FERS [ edit ] Since January 1, 1984, employees with fewer than 5 years of non-military experience on December 31, 1986, were covered under interim retirement rules under which they were covered by both CSRS and the Social Security ...

  8. Should I Get a Roth Thrift Savings Plan (TSP) This Year? - AOL

    www.aol.com/finance/roth-thrift-savings-plan-tsp...

    Roth Thrift Saving Plan (TSP) Contribution Limits. roth tsp. Federal law limits employee contributions to a Roth TSP to $20,500 for 2022 and $22,500 for 2023. Plus, employees age 50 or older can ...

  9. Smart Savings Act - Wikipedia

    en.wikipedia.org/wiki/Smart_Savings_Act

    Smart Savings Act. To amend title 5, United States Code, to change the default investment fund under the Thrift Savings Plan, and for other purposes. 5 U.S.C. § 8438, 5 U.S.C. § 8439, 5 U.S.C. § 8472, 5 U.S.C. § 8440e, 5 U.S.C. § 8401, and others. The Smart Savings Act ( H.R. 4193) (Public Law No: 113-255) made the default investment in ...

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