Thrift Savings Plan (TSP): How It Works & Exit Strategies
What is a Thrift Savings Plan (TSP)?
The Thrift Savings Plan (TSP) is a retirement savings and investment plan designed specifically for federal employees and members of the uniformed services, including the military. Established in 1986 as part of the Federal Employees’ Retirement System Act (FERSA), the TSP is a tax-advantaged plan that allows participants to grow their retirement savings through contributions, government matching (for eligible participants), and investment options. Read More
