Employee contributing to TSP with golden briefcase, growing tree symbolizing retirement savings

Understanding the Thrift Savings Plan (TSP): A Comprehensive Guide for Federal Employees

Introduction to the Thrift Savings Plan (TSP) A Thrift Savings Plan (TSP) is an employer-sponsored retirement savings plan designed specifically for federal employees and uniformed service members in the United States. It functions similarly to a 401(k) plan, allowing participants to make both tax-deferred contributions and after-tax Roth contributions towards

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