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, ...

Officials at the federal government’s 401(k)-style retirement savings program on Wednesday provided participants with an update on how they can access money from their accounts if they have been ...

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 ...

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 ...

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 ...

Officials with the federal government’s 401(k)-style retirement savings program announced last week that new loan and withdrawal options enabled by the passage of the Coronavirus Aid, Relief and ...

The Thrift Savings Plan (TSP) is a defined contribution retirement plan offered to federal employees, similar to a 401(k). TSP is the nation’s largest retirement plan with about 5 million participants ...

The CARES Act offers temporary loan and withdrawal options to Thrift Savings Plan participants affected by COVID-19. The loan options described below will be available no later than June 22 and that ...

The Thrift Savings Plan (TSP) has made it easier to withdraw your contributions. Effective Sept.15, 2019, the TSP changed many of its withdrawal rules and loosened the restrictions on when you can ...

The Thrift Savings Plan is getting a big makeover, giving military families a powerful new tool to invest for retirement. For years, the Thrift Savings Plan (TSP) has offered military members and ...