A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify, ...

Officials at the federal government’s 401(k)-style retirement savings program on Wednesday provided participants with an update on how they can access money from their accounts if they have been ...

The CARES Act offers temporary loan and withdrawal options to Thrift Savings Plan participants affected by COVID-19. The loan options described below will be available no later than June 22 and that ...

H.R. 3031, the TSP Modernization Act of 2017, expands withdrawal options for Thrift Savings Plan (TSP) participants. The TSP is a 401 (k)-equivalent retirement account for Federal employees. H.R. 3031 ...

Officials with the federal government’s 401(k)-style retirement savings program announced last week that new loan and withdrawal options enabled by the passage of the Coronavirus Aid, Relief and ...