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 ...

One of the ways I decide what to focus on for the topic each week is from the questions and comments we receive from our readers. This week, I wanted to address some of the ones that have been ...

I don’t recall when it was that I first heard – or perhaps read – that simple bit of financial wisdom. But I do know it was sometime way back in my younger days, and that it sure sounded right – like ...

The US federal government’s Thrift Savings Plan ended April 2024 with $872 billion in assets serving more than 7 million participants—or one in every 25 workers in the United States. Our series of ...

The Thrift Savings Plan is a workplace retirement plan for federal employees and military service members (including active-duty military, reserves and National Guard) that is very similar to a 401(k) ...

A thrift savings plan (TSP) is a retirement savings program specifically designed for federal employees and members of the military. TSPs are considered qualified retirement plans, and this status ...

The Thrift Savings Plan (TSP) will offer participants the option to convert their traditional investments to Roth status ...

Representative Jen Kiggans, R-Virginia, introduced on Monday the Financial Opportunities for Retirees and Warriors Advancing Retirement Development Act, a bill aimed at allowing certain military ...

ATLANTA — More than 6 million Americans, including tens of thousands of them here in Georgia, have their retirement savings in the federal Thrift Savings Plan. It’s essentially the 401K for federal ...

Question: “I am a retired federal employee after 35 years of service. I currently have $900k in my TSP account and receive my monthly annuity and Social Security. My house is paid off and the monthly ...

Starting small and staying the course can result in a large amount in your retirement account. (Jared Morgan/Staff illustration; Getty Images) In October 2021, a Coast Guard warrant officer hit a ...

Every week, Allworth Financial’s Amy Wagner and Steve Hruby, CFP ®, answer your questions. If you, a friend, or someone in ...