For the third straight month, every portfolio in the federal government’s 401(k)-style retirement savings program finished in the black, albeit with returns growing at a slower pace than September.
The TSP has a balance of over $1,000,000,000,000! I could have said, “one trillion dollars,” but showing the 12 zeroes was much more impressive! Although there were 2,726,000 contributing FERS ...
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How to increase TSP contributions without shrinking your paycheck
Roth TSP accounts are “post-tax,” meaning that you pay income taxes on the money in the year that you earn it. It grows over ...
The US federal government’s Thrift Savings Plan ended April 2024 with $872 billion in assets serving more than 7 million participants—or one in every 25 workers in the United States. Our series of ...
Starting January 1, 2026, Federal employees and retirees will be able to convert money from their traditional Thrift Savings Plan accounts to a Roth TSP account. Federal employees can make their ...
Account balances in the Thrift Savings Plan could grow to $200 billion by year's end, the chairman of the board that oversees the 401(k)-type plan for government employees said yesterday. Hitting $200 ...
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