TSP news
DailyFED's TSP section covers news about the Thrift Savings Plan: new contribution and catch-up limits, plan rule and feature changes, fund updates, and decisions by the Federal Retirement Thrift Investment Board. Stories report facts and dates; we never forecast fund returns.
February20243 stories
- Managing Taxes Withheld From Traditional TSP DistributionsWhen you first head into retirement, it’s important to understand how much is withheld from your TSP distributions for federal income taxes.
- What Happens When The TSP Is Notified Of Your RetirementAs your FERS retirement date grows near, it’s important to understand how your account is handled once the TSP receives notice of your separation from service.
- TSP Spending Strategies For RetirementYou may be surprised to learn that many federal retirees are being too frugal due to the fear of outliving their retirement savings.
January20245 stories
- The Roth TSP: Clearing Up The ConfusionIn 2012, the Thrift Savings Plan (TSP) began offering federal employees another type of retirement savings strategy: the Roth TSP.
- Understanding What You Can’t Do With Your TSP In RetirementWhen you retire, there’s nothing wrong with leaving all of your money in the Thrift Savings Plan (TSP) and letting it grow for the rest of your life.
- 5 Important Retirement-Planning MilestonesWhen you reach your 50th birthday, it’s time to start getting serious about planning your retirement.
- Understanding TSP Distributions In RetirementBefore you start taking distributions from your Thrift Savings Plan (TSP) in retirement, it’s important to understand all of your options to develop the best strategy for your...
- How Your TSP Works When You Separate From ServiceYou may be surprised to learn it can take up to 30 daysafter the date of your separation for the TSP to receive notice of your retirement from your agency.
December20233 stories
- TSP Update: Summary Of Current & Upcoming ChangesOn December 29, 2022, President Biden signed the Setting Every Community Up for Retirement Enhancement Act of 2022 (SECURE Act 2.0) into law.
- The TSP Life Annuity: Get The Facts Before You DecideThe Thrift Savings Plan (TSP) Life Annuity is an insurance product from MetLife that offers a different option for taking distributions from your TSP account.* Selected by the...
- The Pros & Cons Of The Roth Thrift Savings Plan (TSP)In 2012, the Thrift Savings Plan (TSP) started offering federal employees another option for retirement savings: the Roth TSP.
November20233 stories
- The End Of RMDs For The Roth TSP & Other AdvantagesGood news - the new SECURE Act 2.0 has put an end to Required Minimum Distributions (RMDS) from your Roth Thrift Savings Plan (TSP) starting on January 1, 2024.
- IRS Announces 2024 TSP Contribution LimitsOn November 1, 2023, the Internal Revenue Service (IRS) announced the 2024 contribution limits for retirement accounts.
- Which Is Better? The Traditional TSP Or Roth TSP?The big difference between the Traditional Thrift Savings Plan (TSP) and the Roth TSP is really about when you want to pay taxes on withdrawals - now or later.
September20234 stories
- Understanding Your TSP Options In RetirementHave you thought about what you’re going to do with the balance in your Thrift Savings Plan (TSP) when you retire?
- Why Tax Planning Is Essential To Your RetirementIt’s simple - minimizing the taxes you’ll owe Uncle Sam in retirement can help make your nest egg last longer.
- IRS Rules For Taking RMDs From Multiple AccountsAs you know, your Thrift Savings Plan (TSP) is not tax free.
- The Pros & Cons Of TSP LoansTaking out a loan against your Thrift Savings Plan (TSP) balance instead of taking an in-service withdrawal may seem like a good idea.
What we cover here
- Limits. The yearly IRS contribution and catch-up limits as they apply to the TSP.
- Plan changes. New features, withdrawal rules and service changes.
- Funds. Changes to fund options or indexes, and official performance reports as historical fact.
- Board decisions. FRTIB meetings and announcements.
The rules behind the headlines
See official share prices and past annual returns on the TSP share price history page, and check your match with the TSP calculator. Past returns do not predict future returns.
When the news affects your account
Plan changes can open new choices, especially near retirement. A Federal Retirement Consultant (FRC®) can talk through yours. Get matched with an FRC, free.
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