Tsp what type of plan




















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The site is secure. The Thrift Savings Plan TSP is a tax-deferred retirement savings and investment plan that offers Federal employees the same type of savings and tax benefits that many private corporations offer their employees under k plans. By participating in the TSP, Federal employees have the opportunity to save part of their income for retirement, receive matching agency contributions, and reduce their current taxes.

Change in Required Minimum Distribution Age:. Click here for more information. The return home from combat can often leave servicemembers feeling out of place with the most important people in their lives - their families. Ken Williams, 14th Military Police Brigade chaplain. All members of the family adapt to a new 'normal' way of life.

When the servicemember returns, the family may feel uncomfortable with each other, and the servicemember may withdraw from the family. Toggle navigation. Benefits Facts.

A thrift savings plan TSP is a defined-contribution retirement plan that has many of the advantages of private-sector plans. The TSP offers a choice of six funds to invest in. This independent government agency administers the TSP and acts as a fiduciary legally liable to manage the TSP prudently and in the best interests of participants and their beneficiaries.

Index funds in the TSP are designed to mimic the return characteristics of the corresponding benchmark index. L funds are invested in the five individual TSP funds, and their asset allocations are based on the individual investor's time horizon. Thrift Savings Plan. Savings Accounts. Retirement Savings Accounts. Investing Essentials.

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