A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify, ...
Sen. Tim Kaine, D-Va., this week introduced new legislation aimed at making it easier for federal workers to take advantage of the federal government’s 401(k)-style retirement savings program to help ...
Thousands of federal workers in the Bay Area area are going without pay amid the government shutdown. If you're one of them, ...
H.R. 3031, the TSP Modernization Act of 2017, expands withdrawal options for Thrift Savings Plan (TSP) participants. The TSP is a 401 (k)-equivalent retirement account for Federal employees. H.R. 3031 ...
WASHINGTON, D.C. - U.S. Senators Rob Portman (R-OH) and Tom Carper (D-RI) introduced legislation today to strengthen Thrift Savings Plan (TSP) retirement accounts by modernizing the overly restrictive ...
The TSP board has also received recent feedback from participants on its loan program, with some calling it a “true lifesaver.” ...
Generally, all employees furloughed during a government shutdown are paid at the conclusion of the shutdown. In a letter last ...
As early retirement incentives and agency budget shifts continue across federal departments in 2025, Independence Benefits has announced expanded support for federal employees evaluating complex ...
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