Learn about federal agency automatic contributions to Thrift Savings Plans, offering 1% of pay, and how they impact your ...
Civilian federal employees and uniformed service members will soon be able to convert their pre-tax Thrift Savings Plan ...
A new rule for the federal government’s retirement plan will allow enrolled workers and retirees to convert funds to Roth accounts.
Starting in 2026, the Thrift Savings Plan (TSP) will give every federal employee a new power move. For the first time, you’ll be able to convert your traditional (pre-tax) TSP balance into Roth (after ...
The TSP has a balance of over $1,000,000,000,000! I could have said, “one trillion dollars,” but showing the 12 zeroes was much more impressive! Although there were 2,726,000 contributing FERS ...
The federal government’s 401(k)-style retirement savings program mostly treaded water last month, with none of its core portfolios yielding at least 1% in growth. Leading the pack in November was the ...
What Is Roth 401(k) Matching? Roth 401(k) matching is a retirement savings strategy where an employer matches the contributions an employee makes to their Roth 401(k) account. The employee designates ...