Discover how the Thrift Savings Plan (TSP) offers tax advantages and investment options for federal employees, similar to a ...
The Thrift Savings Plan (TSP) has long served as a cornerstone of retirement savings for federal employees and members of the uniformed services. As retirement planning becomes more complex, TSP ...
Beginning Jan. 28, the Thrift Savings Plan now allows participants to convert traditional (pre-tax) balances into Roth (after-tax) balances inside the TSP itself. This long-awaited change gives ...
Like other target-date funds, the Federal Thrift Savings Plan’s TSP L Funds are among the retirement plan’s most popular options. The funds, also known as the TSP Lifecycle Funds, accounted for more ...
The federal Thrift Savings Plan continued to evolve throughout 2025. Assets for the world’s largest retirement plan crossed $1 trillion midyear, and TSP now serves more than 7.2 million accounts. The ...
For many financial advisors, the required minimum distribution (RMD) is often treated as a minor, once-a-year administrative task. But for roughly 1 in 3 RMD-age clients who either missed a ...
A required minimum distribution (RMD) is the minimum amount of money you must withdraw from employer-sponsored retirement accounts each year once you reach a certain age, depending on when your 72nd ...
Required minimum distributions (RMDs) on pre-tax retirement accounts start at age 73 for account holders born between 1951 and 1959. The Secure 2.0 Act ended RMDs on Roth 401(k) plans and Roth 403(b) ...
Most retirees must start required minimum distributions from pretax accounts at age 73. Certain heirs with an inherited individual retirement account also must take RMDs. In 2024, some 6.7% of ...
Thrift Savings Plan participants and spousal beneficiaries can shift money from traditional, pre-tax TSP balances to Roth accounts without leaving the plan, starting in January 2026. Starting in late ...