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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. 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 ...

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

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

    The Thrift Savings Plan (TSP) is a defined contribution plan that is available only to military service members and federal employees. It is similar to the 401(k) plans offered by many private ...

  5. Federal Employees Retirement System - Wikipedia

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

    Most new federal employees hired on or after January 1, 1987, are automatically covered under FERS. Those newly hired and certain employees rehired between January 1, 1984, and December 31, 1986, were automatically converted to coverage under FERS on January 1, 1987; the portion of time under the old system is referred to as "CSRS Offset" and only that portion falls under the CSRS rules.

  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. Thrift Savings Plan to Debut Mutual Funds, Mobile App and ...

    www.aol.com/news/thrift-savings-plan-debut...

    Among the changes, TSP users will be able to invest up to 25% of their total balance in the new mutual funds, with a minimum investment of $10,000. Thrift Savings Plan to Debut Mutual Funds ...

  8. Smart Savings Act - Wikipedia

    en.wikipedia.org/wiki/Smart_Savings_Act

    The Smart Savings Act would make the default investment in the Thrift Savings Plan (TSP) an age-appropriate target date asset allocation investment fund (L Fund), instead of the Government Securities Investment Fund (G Fund), if no election has been made for the investment of available funds. The bill would retain the Government Securities ...

  9. How Much Can You Contribute to the Thrift Savings Plan ... - AOL

    www.aol.com/news/much-contribute-thrift-savings...

    Federal workers and military personnel can save up to $19,000 in TSP retirement accounts for 2019. Some savers can make additional catch-up contributions.

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