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Thrift Savings Plan (TSP)

2023 Thrift Savings Plan Strategies Federal Employees Should Consider

December 7, 2022 Edward A. Zurndorfer, CERTIFIED FINANCIAL PLANNER®

Ed Zurndorfer highlights important considerations for Thrift Savings Plan participants including contributions in both 2022 and 2023, Traditional vs. Roth TSP decisions, and required minimum distributions (RMDs). Several examples are provided. more…

GAO Agrees to Investigate Problems of New TSP Website

August 18, 2022 My Federal Retirement

Thrift Savings Plan participants have reported difficulties accessing accounts, discrepancies in account balances, missing or incomplete information, and hours-long wait times to reach customer service since the June roll-out of new features more…

NARFE Urges Congress to Waive Required Retirement Savings Withdrawals Due to High Inflation

August 9, 2022 My Federal Retirement

The National Active and Retired Federal Employees Association asked Congress to suspend the requirement that retirees age 72 and older take distributions (RMDs) from retirement savings accounts such as the Thrift Savings Plan more…

TSP Issues Notice on Changes to Participant Statements

July 27, 2022 My Federal Retirement

Due to a recent transition of the Thrift Savings Plan’s recordkeeping services, there are several changes that affect delivery of statements — and the way contributions and beneficiaries are displayed more…

Lawmaker Requests Meeting with TSP to Discuss Ongoing Problems with New Online System

June 28, 2022 My Federal Retirement

Since the rollout of new features on the Thrift Savings Plan’s website earlier this month, federal employees and retirees ave reported numerous issues including information not being properly transferred and taxes not being properly allocated more…

What Are the Lifecycle Funds in the Thrift Savings Plan?

June 21, 2022 Chris Kowalik

Federal retirement expert, Chris Kowalik, discusses the objectives of the L Funds and determining if they are right for you more…

Divorce and Federal Employees – Part III: Court Orders and the Thrift Savings Plan

June 15, 2022 Edward A. Zurndorfer, CERTIFIED FINANCIAL PLANNER®

Federal benefits expert, Ed Zurndorfer, outlines the various ways a divorce could affect a federal employee’s TSP account more…

Legislation Would Ban ESG Investments in Thrift Savings Plan

June 7, 2022 My Federal Retirement

If passed, the No ESG at TSP Act would prohibit the TSP from allowing participants to invest their retirement savings into funds that make investment decisions based on environmental, social, governance, or political criteria more…

Thrift Savings Plan’s Website Resumes After Blackout Period to Add New Features

June 3, 2022 My Federal Retirement

All TSP participants are required to establish a new login to regain access to their account on TSP. gov more…

Senators Urge TSP to Cancel Mutual Fund Window

June 2, 2022 My Federal Retirement

The senators believe the new program could expose the investments of TSP participants to Chinese companies, including ones currently sanctioned or otherwise blacklisted for the threat they pose to U.S. national security more…

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