I’ve been receiving quite a few questions lately about what is happening with implementation of the changes to Thrift Savings Plan withdrawal options as a result of the TSP Modernization Act signed ...

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, ...

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 ...

Did you know that almost as many people transfer their money out of the Thrift Savings Plan when they leave federal service as leave it in? The Federal Retirement Thrift Investment Board has reported ...

Question: What is going on with the new TSP withdrawal rules? Answer: The 401(k)-style Thrift Savings Plan announced last week that expanded withdrawal options enacted into law last year will be ...

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 ...

After the Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27, the Federal Retirement Thrift Investment Board (FRTIB) created a CARES Act project that included ...

The Thrift Savings Plan (TSP), a cornerstone of retirement planning for federal employees and uniformed service members, oversees an impressive $845 billion in assets, making it the nation's largest ...

For federal employees in the U.S., retirement is a well-planned financial journey. Understanding key ages in managing Thrift ...

The House could vote as early as Tuesday to ease a tax penalty for certain federal employees that applies to early withdrawals from the Thrift Savings Plan, their 401(k)-style retirement savings plan.