Sen. Tim Kaine, D-Va., this week introduced new legislation aimed at making it easier for federal workers to take advantage of the federal government’s 401(k)-style retirement savings program to help ...
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 ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. As part of the TSP Modernization Act of 2017, the federal government's Thrift Savings Plan ...
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 ...
Starting at age 50, federal employees can enhance their Thrift Savings Plan (TSP) through 'catch-up contributions.' By 2025, the additional limit for these contributions is $7,500, allowing workers to ...
With the federal government due to hit its debt ceiling on Monday, the Treasury Department again will use financial maneuvers to stave off a default, including several involving federal retirement ...