Roth strategies are not going away. But the way certain federal employees use them is changing, and the timing of your ...

A federal employee with 28 years of service and a $92,000 salary will receive a pension closer to $28,000 a year under the FERS formula, well below the 60% to 70% of pre-retirement income many workers ...

The Thrift Savings Plan (TSP) is a defined contribution plan that is available only to military service members and federal employees. It is similar to the 401(k) plans offered by many private-sector ...

The federal government's Thrift Savings Plan is a great tool to help you build retirement savings in a tax-advantaged account. And if you're in the Blended Retirement System, the government match of ...

Editor's note: An earlier version of this article incorrectly said Roth TSP distribution may not be subject to income tax and a 10% penalty under certain circumstances. Tax-free Roth Thrift Savings ...

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 ...

If not, what are you waiting for? You are eligible to contribute to the Thrift Savings Plan (TSP) as soon as you begin your military service. Saving for your retirement with the TSP makes sense no ...

The Thrift Savings Plan is a workplace retirement plan for federal employees and military service members (including active-duty military, reserves and National Guard) that is very similar to a 401(k) ...

The House yesterday approved legislation to give some older federal employees the ability to make "catch-up" contributions to their Thrift Savings Plan accounts. Under the bill, sponsored by Rep.

Quick Read A federal employee with 30 years of service and a $90,000 high-3 average salary receives only $27,000 annually ...