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TSP: The Thrift Savings Plan

TSP: The Thrift Savings Plan

The "401k" for Federal Employees, the Thrift Savings Plan (TSP) is a contribution plan managed by the Federal Retirement Thrift Investment Board and the Employee Thrift Advisory Council (Employee Organizations, Unions, and Uniformed Services).

Features:

  • Voluntary Payroll Deductions
  • "Pre-Tax" Contributions
  • Tax-deferred investment earnings
  • Immediate income tax savings
  • Investment Funds (G,F,C,S,I and L-Cycle)
  • Catch-up Provision for individuals 50+ years of age*
  • All participants enjoy a maximum annual contribution of $16,500, and benefit from immediate employee contributions.

    *up to an additional $5,500 annually

TSP Investment Funds:

  • G Fund (Government Securities): Conservative investment fund tied to US Treasury Bills
  • F Fund (Fixed Income Index): Balanced investment fund tied to Bonds
  • C Fund (Common Stock Index): Moderate investment fund tied to S&P 500
  • S Fund (Small Cap Index): Growth fund tied to small and midsize companies and real estate funds

I Fund (International Fund): Aggressive funds tied to Foreign Currency.

  • L Fund: NEW, Lifecycle fund in which automatic allocations of your contributions into the original five funds based on your desired retirement date & growth

FERS TSP - Click for more information and example

CSRS/Acitve Duty TSP - Click here for information and example

To get these answers and more, contact FEB for a
Personalized Retirement Road Map.