A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify, ...

A TSP participant is not allowed to take a partial withdrawal once separated from federal service if he or she took an in-service age-based withdrawal. Finally, if a separated employee elects to ...

Officials with the federal government’s 401(k)-style retirement savings program said Monday that long anticipated new and simplified withdrawal options are now live, and thousands of participants have ...

The Thrift Savings Plan (TSP) has made it easier to withdraw your contributions. Effective Sept.15, 2019, the TSP changed many of its withdrawal rules and loosened the restrictions on when you can ...

Officials at the federal government’s 401(k)-style retirement savings program on Wednesday provided participants with an update on how they can access money from their accounts if they have been ...

Federal Retirement Thrift Investment Board, Washington, proposed a rule to provide Thrift Savings Plans participants with additional withdrawal options and flexibility. The new polices would go into ...

The Thrift Savings Plan (TSP) is undergoing some major changes this fall which will make it much easier to withdraw funds. Beginning Sept. 15, 2019 you'll be able to make partial withdrawals from your ...

Americans who are current or former employees of the federal government have more than $550 billion saved for retirement in their Thrift Savings Plans (commonly known by the acronym TSP). Many federal ...