The Thrift Savings Plan (TSP), a retirement plan for federal employees and uniformed service members, is the nation's largest defined contribution plan, with seven million participants and over $ ...

The Thrift Savings Plan, or TSP, is a kind of defined contribution retirement plan for employees of the federal government, including members of the uniformed services (Army, Navy, Air Force ...

The Thrift Savings Plan (TSP), a cornerstone of retirement planning for federal employees and uniformed service members, oversees an impressive $845 billion in assets, making it the nation's ...

Yes, this situation would qualify for a TSP hardship withdrawal, says Stephen Zelcer, a fiduciary advisor specializing in retirement planning and federal benefits. See here: https://www.tsp.gov ...

Unlike loans, hardship withdrawals cannot be repaid, meaning the withdrawn amount permanently reduces the retirement savings balance. Additionally, taking a hardship withdrawal may result in taxes ...

The column touched on longevity risk and pointed workers to the retirement-income calculator on the TSP website — and it offered a few tips, including “Don’t invest your money too ...

It is tempting to tap TSP funds for a hardship, and it could be the right thing to do, says Stephen Zelcer, a fiduciary advisor specializing in retirement planning and federal benefits.