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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 6.5 million participants (of which approximately 3.9 million are actively participating through payroll deductions), and more than ...

  3. Pros and cons of government 457(b) retirement plans - AOL

    www.aol.com/finance/pros-cons-government-457-b...

    Like its better-known sibling — the 401(k) — a 457(b) retirement plan is a tax-advantaged way to save for retirement. But the 457(b) is designed especially for employees of state and local ...

  4. New Federal Proposal Could Give You a 5% Match on Retirement ...

    www.aol.com/finance/federal-proposal-could-5...

    Low- and middle-income workers who aren't covered by a workplace retirement savings plan would get access to the federal Thrift Savings Plan, under a bipartisan bill introduced in the U.S. Senate ...

  5. 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 ...

  6. 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 ...

  7. 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 ...

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