Federal employees don’t have access to the same kind of workplace retirement accounts as those in the private sector. If you recently joined the U.S. government workforce as a civilian or you’re a ...
Government employees enjoy a multitude of benefits, such as special discounts and generous sick leave. These benefits also extend to retirement. Specifically, the Roth Thrift Savings Plan (TSP) offers ...
Federal employees do a great job saving for retirement in the Thrift Savings Plan, and the numbers prove it. Here are a few of the outstanding statistics: On the worrisome side, TSP participants' ...
Editor's note: An earlier version of this article incorrectly said Roth TSP distribution may not be subject to income tax and a 10% penalty under certain circumstances. Tax-free Roth Thrift Savings ...
Mike Zaino, of The Zaino Group, is a Registered Financial Consultant and National Retirement Counselor serving federal and postal employees. Federal employees have access to a valuable retirement ...
You may know that the government will match your contributions (up to 5% of your basic pay) to the Thrift Savings Plan (TSP) if you are covered under the Blended Retirement System (BRS). This may make ...
If you have a Thrift Savings Plan (TSP) account, you can access your account online. However, that is often easier said than done. What with crazy account numbers and special passwords that can't be ...
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TSP to offer Roth conversions in 2026
The Thrift Savings Plan (TSP) will offer participants the option to convert their traditional investments to Roth status ...
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