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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 ...
Website. www .frtib .gov. The Federal Retirement Thrift Investment Board is an independent agency of the United States government by the Federal Employees Retirement System Act of 1986. It has roughly 270 employees. It was established to administer the Thrift Savings Plan, which is a retirement savings and investment plan for federal employees ...
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 ...
Trust service provider. A trust service provider ( TSP) is a person or legal entity providing and preserving digital certificates to create and validate electronic signatures and to authenticate their signatories as well as websites in general. [1] [2] Trust service providers are qualified certificate authorities required in the European Union ...
For 2022, eligible employees can save up to $20,500 in a TSP account. If you’re 50 or older, you can make an additional catch-up contribution of $6,500. These contributions are made through ...
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