A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify, ...

Starting January 1, 2026, Federal employees and retirees will be able to convert money from their traditional Thrift Savings Plan accounts to a Roth TSP account. Federal employees can make their ...

Mike Zaino, of The Zaino Group, is a Registered Financial Consultant and National Retirement Counselor serving federal and postal employees. Federal employees have access to a valuable retirement ...

Although the TSP offers many advantages, the current withdrawal rules for TSP accounts can be restrictive. In- service TSP participants may make only one age-based partial or full withdrawal after ...

The Thrift Savings Plan has implemented major changes to its withdrawal rules, allowing unlimited partial withdrawals, more installment options, and greater control over traditional and Roth balances.

The Thrift Savings Plan (TSP), a cornerstone of retirement planning for federal employees and uniformed service members, oversees an impressive $845 billion in assets, making it the nation's largest ...

As early retirement incentives and agency budget shifts continue across federal departments in 2025, Independence Benefits has announced expanded support for federal employees evaluating complex ...

The bills, which lack Republican support, also aim to ensure that federal employees have access to TSP loans during government shutdowns. Congressional Democrats introduced bills that would waive ...