David Baker discusses Thrift Savings Plan misconceptions along with federal benefits and retirement.
Common Thrift Savings Plan MisconceptionsJuly 15, 2017 / by David Baker
The Thrift Savings Plan is one of the most important parts of a Federal Employee’s retirement plan. The Thrift Savings Plan is similar to a 401(k) plan offered to Private Market employees and has very similar rules and regulations. An Advantage of the Thrift Savings Plan is the automatic contributions that FERS eligible employees receive along with the relatively inexpensive average internal expense ratio that is charged to Federal Employees on TSP Fund investments.