Browsing: TSP

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…

Before deciding to withdraw money from their Thrift Savings Plan (TSP) accounts, TSP participants are advised to be aware of the tax rules associated with TSP…

The Thrift Savings Plan (TSP) announced officially last week that starting in January 2026 TSP participants will be able to convert their money in traditional TSP…

This is the fourth of four columns discussing TSP withdrawal options that are available to Thrift Savings Plan (TSP) participants who retire from federal service. This…

This is the third of four columns discussing TSP withdrawal options that are available to Thrift Savings Plan (TSP) participants who either leave federal service or…

When a federal employee retires from federal service, the retired employee has several options to withdrawing their Thrift Savings Plan (TSP) accounts. This is the second…

When a federal employee retires from federal service, the retired employee has several options to withdrawing their Thrift Savings Plan (TSP) accounts. This column is the…