A thrift savings plan is considered a qualified retirement plan. This means it meets IRS requirements for tax-advantaged retirement savings plans, similar to a 401 (k) plan.

The Civilian Human Resources Agency (CHRA) encourages Army civilian employees to begin retirement planning early to ensure a smooth ...

Federal retirees typically draw income from three main sources: The TSP fills in the gap between your pension and social security but how big that gap is varies from person to person. Your lifestyle, ...

The Federal Retirement Thrift Investment Board, which administers the TSP, reported in 2024 that the plan had a "record year," with $986 billion in assets under management and approximately 7 ...