WebFeb 14, 2024 · Thrift Savings Plan (TSP) offers free webinars for TSP participants and their beneficiaries through their Online Learning program. Events are hosted through Microsoft Teams and can be viewed from government and personal devices. Registration is required to attend. Featured topics include: Welcome to the New TSP - Making the Best Plan Even … WebAug 12, 2024 · How long does it take for TSP to deposit into account? Once you’ve completed and submitted your request, you should expect it to be processed in 7 to 10 business days. Each working day, we distribute withdrawals. Find out the status of your withdrawal request by checking My Account at tsp.gov or calling ThriftLine.
Retirement Planning for Current Active Duty Military
WebMar 30, 2024 · As an active-duty service member or an employee of the federal government, you are eligible to participate in the Thrift Savings Plan (TSP). TSP is the government’s version of a 401 (k)-retirement plan. Your contributions – up to a maximum of $22,500 annually – are taken out of your monthly pay and deposited into a Roth or traditional TSP ... WebSep 23, 2024 · With the TSP Modernization Act going into effect on September 15, 2024, there are new withdrawal rules. These expanded options greatly enhance your ability to access your money both before and after you are eligible for tax and penalty-free withdrawals. The major changes are: Choose if your withdrawals come from traditional, … boat rentals gun barrel tx
TSP Options Post-Separation from Federal Service
WebSep 19, 2024 · Changes to Financial Hardship In-Service Withdrawals. The FRTIB has made the following changes related to financial hardship in-service withdrawals: The rule requiring employee contributions to be suspended for six months when a participant takes a financial hardship withdrawal is eliminated as of September 15, 2024. WebAn in-service withdrawal is a withdrawal that you make from your Thrift Savings . Plan (TSP) account while you are still actively employed in federal civilian service (CSRS or FERS) or … WebJul 1, 2024 · TSP Loans; TSP In-Service Withdrawals; TSP Post-Service Withdrawals; TSP Death Benefits; For more information and event registration, please visit the TSP Training Information site. Help Is available. Open an HR Help case: Call: 1-877-372-7248, Press 2; Email: [email protected]; clifton rd huntingdon