TSP Modernization Act

  • 5 questions about TSP’s new withdrawal options, answered

    The agency that administers the Thrift Savings Plan is planning to implement new withdrawal options for its participants by next September. Here’s what participants need to know about those options.

  • Understanding your Thrift Savings Plan

    Tune in to the August 3rd FedTalk and join host Tony Vergnetti and Michael Livingston from the Livingston Financial Group to hear about important financial planning strategies for all federal employees to consider. They will talk about your Thrift Savings Plan Contributions, Fund Choices, Investment Basics, and Withdraw Options. They will also discuss the upcoming changes to the TSP from the TSP modernization act that was signed in December 2017.

    August 3, 2018

  • TSP vs. IRA? Revisiting this classic question in light of the TSP modernization act

    Stephen Zelcer, a financial advisor for federal employees, explains how the changes to the TSP in 2019 will impact you and what you should keep in mind.

  • TSP agency has more detail on planned withdrawal changes

    The Federal Retirement Thrift Investment Board, the agency that administers the TSP, is planning a series of sweeping changes to withdrawal rules and installment payments for participants by September 2019.

  • Should you stick with the new, improved TSP?

    Uncle Sam’s in-house 401(k) plan is changing, big time. The question is, will federal investors stick with it when they retire or leave government?

  • The new, improved TSP: What does it mean for you?

    The Federal Government’s in-house 401(k) plan — the TSP — is changing. How will it affect you? Find out when financial Arthur Stein joins host Mike Causey on this week’s Your Turn radio show. December 13, 2017

  • Trump signs new, flexible TSP Act into law

    President Donald Trump has signed legislation allowing federal workers more flexibility in taking withdrawals from their retirement savings.

  • More TSP withdrawal options in play, as modernization bill heads to president’s desk

    The Senate sent the TSP Modernization Act to the president’s desk this week. The bill will give Thrift Savings Plan participants more flexible options for making withdrawals from their accounts.

  • New bill would loosen restrictions on TSP withdrawals

    The Senate Homeland Security and Government Affairs committee passed the TSP Modernization Act of 2017, along with a handful of other bills that could soon affect the lives and careers of the federal workforce.

  • 6 federal workforce bills to watch this summer

    The House Oversight and Government Reform Committee will consider a series of bills this week that could impact the federal workforce. Among them is legislation that would give participants more options to withdraw investments from the Thrift Savings Plan.