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Understanding the Federal Thrift Savings Plan

We discuss the Federal Thrift Savings plan, reviewing who is eligible to participate and describe the more limited group which is eligible for a matching contribution. We also review the investment alternatives and the exceptionally low fees, which becomes a concern for those participants considering rolling out benefits to an IRA or other retirement plan .... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing The Federal Thrift Savings Plan (TSP) is a retirement savings plan for Federal employees and members of the uniformed services. It's a defined contribution plan that offers multiple investment options and tax benefits for participants. Understanding the TSP is critical if you're a Federal employee or member of the uniformed services considering participating in the plan. Here are some things you should know