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7. Where are you on the TSP totem pole?
Account balances in the federal Thrift Savings Plan range from a few hundred dollars (for newcomers) to $4.7 million. Most people, obviously, are somewhere in between. So how about you?
As of January, there were 4.7 million account holders (current and former feds and retirees) with account balances of $50,000 or less. At the higher end of the scale, there were 3,272 whose account balances exceeded $1 million. Also there were a huge number — more than 92,000 — of TSP participants with balances ranging between $500,000 and $749,000. Many are on the cusp of becoming TSP millionaires.
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Michael O'Connell
Michael O’Connell is senior digital editor of Federal News Network optimizing content for the best user experience. Follow @moconnellWFED
Follow @moconnellWFED
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