Scot Barringer The TSP introduced the Roth TSP in 2012. Unfortunately, there is still a lot of confusion about what the Roth TSP is and why it is a great option for many federal employees. The Roth TSP is not a new investment option. It is an alternative tax handling of your TSP contributions. When you contribute … Read more
“Thinking you can take distributions from your TSP any time you want” Your TSP is yours so you can withdraw funds whenever you want – right? WRONG. The TSP is very restrictive about taking distributions. While you are still working, TSP largely follows the IRS rules for all retirement plans, but once you are retired, … Read more
Your TSP is a vital leg of your retirement income plan. Combined with your CSRS or FERS annuity and Social Security (for FERS employees), your TSP plays a vital role in meeting your retirement income needs. Notice, though, that the TSP is the only one of these components of your federal retirement that requires any … Read more