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, ...

Thrift Savings Plan participants and spousal beneficiaries can shift money from traditional, pre-tax TSP balances to Roth ...

The bills, which lack Republican support, also aim to ensure that federal employees have access to TSP loans during government shutdowns. Congressional Democrats introduced bills that would waive ...

WASHINGTON, D.C. - U.S. Senators Rob Portman (R-OH) and Tom Carper (D-RI) introduced legislation today to strengthen Thrift Savings Plan (TSP) retirement accounts by modernizing the overly restrictive ...

When you retire under the Federal Employee’s Retirement System (FERS), you may need all three parts of FERS to fully retire. FERS was designed as a three-part retirement system which includes the FERS ...

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 ...

The Federal Retirement Thrift Investment Board rolled out new ways for Thrift Savings Plan participants – both current feds and retirees -- to access funds. Workforce Management New options for ...

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 ...

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

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Samantha (Sam) Silberstein, CFP®, CSLP® ...

F or this Mailbag Monday: A number of Diary readers wrote or called last week saying they were concerned that their IRS Form 1099 from the Thrift Savings Plan had not arrived, delaying their tax ...

WASHINGTON, April 6-- The office of Sen. Thomas Carper, D-Del., issued the following news release: U.S. Senators Tom Carper (D-Del.) and Rob Portman (R-Ohio) introduced legislation today to strengthen ...