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 ...

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, ...

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 ...

Officials with the federal government’s 401(k)-style retirement savings program announced Tuesday that they are on track to implement the provisions of a law making it easier for participants to ...

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 ...

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 ...

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 ...

I'm 71 years old and my current Thrift Savings Plan (TSP) balance is $315,000 after withdrawing $60,000 this year. This is ...