It is a defined contribution plan, similar to 401(k) style retirement savings plans in the private sector.īecause it is a defined contribution plan, this means that the retirement income you receive from your TSP account is dependent upon how much you (and your agency or service, if you’re eligible to receive your agency match) put into your TSP account during your working years and the earnings accumulated over that time. The Thrift Savings Plan (TSP) is a retirement savings and investment plan for federal employees and members of the military. More TSP News » What is the Thrift Savings Plan (TSP)? How is the G Fund interest rate calculated? If inflation takes off, will money invested in the G fund earn a higher interest rate? The TSP’s G Fund: What You Need to Know.Should federal employees leave money in the TSP after leaving federal service? These are 7 points to consider. Should You Leave Money in the TSP? 7 Points to Consider.Will investors make the G Fund their new favorite fund? TSP returns are up so far in 2023 while stock prices and TSP performance in August were down.
TSP Performance So Far in 2023: Will G Fund Become the New TSP Favorite?.
It is important for federal employees to use the TSP effectively in retirement to ensure their savings will last.
The Total Compensation Statement can help federal employees better understand their benefits. What is a Total Compensation Statement?.There are two key things federal employees need to understand to invest successfully in the TSP. government agency or uniformed military services. We are not affiliated with the TSP, Thrift Savings Plan, tsp.gov,, or any U.S.
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