The Government Thrift Savings Plan (TSP) is a retirement savings and investment plan for Federal employees and members of the uniformed services. It offers you the same type of tax savings and benefits as private sector 401k plans. The Federal Retirement Thrift Investment Board acts as the plan administrator.
You are eligible to participate in TSP if you are:
- A Federal employee covered by the Federal Employees’ Retirement System (FERS)
- A Federal employee covered by the Civil Service Retirement System (CSRS)
- A member of the uniformed services including military and postal services and Ready Reserve
The contribution rules are different for each group.
- TSP Options
- TSP Rollovers
- TSP Withdrawals
- TSP Loans