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  2. 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 7 million participants (of which approximately 4.1 million are actively participating through payroll deductions), and more than $845 ...

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

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

    The initial difference between a TSP and a 401(k) is that a TSP is for military members and federal employees, while a 401(k) is offered by private-sector employers. The investment options also ...

  4. Retirement Basics: Thrift Savings vs. 401(k) Plans - AOL

    www.aol.com/news/thrift-savings-plans-vs-401...

    Thrift savings plans and 401(k)s are two types of retirement plans. We go over the characteristics of each type of plan. Retirement Basics: Thrift Savings vs. 401(k) Plans

  5. Individual retirement account - Wikipedia

    en.wikipedia.org/wiki/Individual_retirement_account

    Individual retirement account. An individual retirement account[1] (IRA) in the United States is a form of pension [2] provided by many financial institutions that provides tax advantages for retirement savings. It is a trust that holds investment assets purchased with a taxpayer's earned income for the taxpayer's eventual benefit in old age.

  6. 9 biggest 401(k) mistakes to avoid - AOL

    www.aol.com/finance/8-biggest-401-k-mistakes...

    Here are the biggest mistakes you can make with your 401 (k) and how to avoid them. 1. Not making saving a habit. Not contributing enough, not contributing consistently and not increasing ...

  7. Roth IRA - Wikipedia

    en.wikipedia.org/wiki/Roth_IRA

    A Roth IRA is an individual retirement account (IRA) under United States law that is generally not taxed upon distribution, provided certain conditions are met. The principal difference between Roth IRAs and most other tax-advantaged retirement plans is that rather than granting a tax reduction for contributions to the retirement plan, qualified withdrawals from the Roth IRA plan are tax-free ...

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