The Federal Employee retirement system designed a retirement savings plan known as Thrift Savings Plan or the TSP. The TSP is available to all current as well as retired federal employees who were engaged in the federal civil service. The … Read More
TSP stands for “Thrift Savings Plan” which is one of the most essential retirement plans offered to federal employees. It’s similar to the 401(k) plan in nature and one of its competitive advantage is that the FERS eligible employees receive automatic contributions to it.
TSP or Thrift Savings Plan has recently admitted that federal government is currently borrowing from the TSP G Fund so that it doesn’t run up against the debt ceiling limit. This borrowing would not impact the current and former federal … Read More
Thrift Savings Plan account safety can be taken for granted. When their TSP accounts are hacked, however, people usually blame the board. If you don’t wish to be a part of this vicious cycle and you are hoping that all … Read More
More and more Federal Employees are amassing more than $1 million in their TSP or thrift savings plan account. The reasons vary from the safety of the investment options to government contributions, to good performance. It is believed that if … Read More
Kevin Wirth Explains How to Get Started Early for a Successful Retirement
Nearly everyone dreams about the day they can retire. Regardless of whether you plan to hike in the mountains, relax on the … Read More