I’ve been receiving quite a few questions lately about what is happening with implementation of the changes to Thrift Savings Plan withdrawal options as a result of the TSP Modernization Act signed ...
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, ...
We’re in the midst of the end-of-year retirement season for federal workers who are ready to make the big transition from employee to annuitant. In January 2017, the Office of Personnel Management ...
Question: What is going on with the new TSP withdrawal rules? Answer: The 401(k)-style Thrift Savings Plan announced last week that expanded withdrawal options enacted into law last year will be ...
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 ...
Current and former federal employees and military personnel soon will have more options when it comes to withdrawing money from their retirement accounts. The Thrift Savings Plan is on schedule for a ...
A new law will benefit federal employees and members of the military who want to keep their money in the low-cost Thrift Savings Plan when they retire. The TSP has low fees, but it has frustrated ...
After the Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27, the Federal Retirement Thrift Investment Board (FRTIB) created a CARES Act project that included ...
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