Browsing: TSP

Congresswoman Eleanor Holmes Norton (D-DC) introduced last month legislation to expand the circumstances in which a recently separated federal employee can withdraw from their Thrift Savings…

Many employers, including the federal government who offer defined contribution retirement plans such as 401(k) and 403(b) plans and the Thrift Savings Plan (TSP) are scrambling…

Starting on January 28, 2026, the Thrift Savings Plan (TSP) will allow TSP participants to convert portions of their traditional (before-taxed) TSP account to their Roth…

December 16, 2025 Chris Kowalik   How newly implemented laws affect your take-home pay and taxes CHANGES: What has changed, who is affected, and when it…

The Thrift Savings Plan (TSP) recently announced the limits on the amount that federal employees can contribute to the TSP during calendar year 2026.  These contribution limits…

Starting in late January 2026, Thrift Savings Plan (TSP) participants and spousal beneficiaries will be able to convert money from a traditional TSP balance to a…

Senator Tim Kaine (D-VA) last week introduced legislation that would remove penalties for federal employees who wish to make hardship withdrawals from their Thrift Savings Plan…

Thousands of federal employees have left or will be leaving federal service sometime between now and the end of 2025. The “deferred resignation program” (DRP) was…

The Thrift Savings Plan will continue its normal daily operations during a lapse in appropriations (or government shutdown).  The TSP stated on it’s website this month…

Upon leaving or retiring from federal service, Thrift Savings Plan (TSP) participants can request installment payments from their traditional TSP account. The TSP participant has the…