We’re in the midst of the end-of-year retirement season for federal workers who are ready to make the big transition from employee to annuitant. In January 2017, the Office of Personnel Management ...

The federal employee Thrift Savings Plan on Friday announced that it will ease the process of making financial hardship withdrawals from retirement savings for victims of the recent storms in ...

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, ...

H.R. 3031, the TSP Modernization Act of 2017, expands withdrawal options for Thrift Savings Plan (TSP) participants. The TSP is a 401 (k)-equivalent retirement account for Federal employees. H.R. 3031 ...

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 ...

If you work for Uncle Sam, your retirement savings options differ from your civilian counterparts. The Thrift Savings Plan (TSP) is the equivalent of an employer-sponsored retirement plan if your ...

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 ...