Thrift Savings Plan participants and spousal beneficiaries can shift money from traditional, pre-tax TSP balances to Roth ...
Thrift Savings Plan contribution limits are $23,500 in 2025, but will increase to $24,500 in 2026. Plus, new super catch-up ...
Starting January 1, 2026, Federal employees and retirees will be able to convert money from their traditional Thrift Savings ...
Though only one of the federal government’s 401(k)-style retirement savings program’s portfolios lost value last month, none ...
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Julie Jason: New Retirement Plan Limits Announced
There is a higher catch-up contribution limit than $8,000 for those employees who attain ages 60 to 63 in 2026.
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 ...
HUNTER ARMY AIRFIELD, Ga., -- There are three common mistakes individuals make when it comes to their Thrift Savings Plan according to Michelle Roper, an accredited financial readiness specialist on ...
The limit on annual contributions to an IRA is increased to $7,500 from $7,000. The IRA catch‑up contribution limit for individuals aged 50 and over was amended under the SECURE 2.0 Act of 2022 ...
I am writing regarding the Aug. 2, 2024, article titled "Thrift Savings Plan's rocky rollout of new system caused by mismanagement, GAO says." The article painted an incomplete picture of the results ...
Representative Jen Kiggans, R-Virginia, introduced on Monday the Financial Opportunities for Retirees and Warriors Advancing Retirement Development Act, a bill aimed at allowing certain military ...
The Thrift Savings Plan announced yesterday that participants may start using "lifecycle funds" Aug. 1 to save for their retirement. The TSP, a 401(k)-type program for government employees, will begin ...
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