You’ll declare the amount that you transferred on Form 1040. That amount is added to your taxable income for the year. It is ...

The Federal Retirement Thrift Investment Board has been trying to reach out directly to TSP participants at risk of missing the full 5% government match.

I'm 71 years old and my current Thrift Savings Plan (TSP) balance is $315,000 after withdrawing $60,000 this year. This is ...

This method of borrowing comes with some risks and costs, such as certain fees, increased taxes and canceling out ... be deducted from the loan amount. Most TSP loan borrowers will incur indirect ...

Learn the IRS rates and inflation adjustments for 2024 federal taxes—tax brackets, federal income tax rates, new IRA rules, ...

A lot of people like to play it safe. That’s one explanation for why the conservative G Fund remains the most popular fund among federal employees invested in the government’s Thrift Savings ...

The Thrift Savings Plan (TSP) is a valuable retirement savings tool for military members, offering tax-advantaged growth and low-cost investment options. When money gets tight, the option to ...

Military members and their families have access to special benefits, and new rules make these programs even more valuable.

But for some, there are potential tax benefits of doing rollovers. And there are more investment and income options outside of the TSP, advisors said in email responses. “If the client would ...

In today's Federal Newscast, the Postal Service is joining the Biden administration’s efforts to combat opioid overdoses.

Are you making the most of your Thrift Savings Plan? Ready to get out of a rental and into a home? Do you need a down payment? Do you need PMI? Not if you have a VA loan. Military.com has over ...

It's essential to know when taxes are due in 2024 ... retirement plan for 2024 (401(k), 403(b), 457 or federal thrift savings plans) December 31 Required minimum distribution (RMD) by individuals ...