A new rule for the federal government’s retirement plan will allow enrolled workers and retirees to convert funds to Roth accounts.

Once when I asked a young friend who had just started her first job after college graduation why she decided not to contribute to her company’s 401(k) plan, she told me that she didn’t think she was ...

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 ...

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 ...

From Social Security, 401(k) and 403(b) plans to traditional or Roth individual retirement accounts (IRAs), there’s no shortage of retirement plans available today that can help diversify your ...

The US federal government’s Thrift Savings Plan ended April 2024 with $872 billion in assets serving more than 7 million participants—or one in every 25 workers in the United States. Our series of ...

A thrift savings plan (TSP) is a retirement savings program specifically designed for federal employees and members of the military. TSPs are considered qualified retirement plans, and this status ...

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, ...