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Thift Savings Plan (TSP)

TSP is a retirement savings and investment plan for Federal employees and members of the uniformed services, including the Ready Reserve. It was established by Congress in the Federal Employees' Retirement System Act of 1986 and offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans.

TSP is a defined contribution plan, meaning that the retirement income you receive from your TSP account will depend on how much you (and your agency, if you are eligible to receive agency contributions) put into your account during your working years and the earnings accumulated over that time.

TSP and Life Events
Throughout your life you will encounter circumstances that may influence your retirement decisions. Each of these situations can affect your TSP contributions and how you manage your account. To Learn More about Life events that may affect your TSP, review the "TSP: Life Events" link.

Military Service and TSP
You have a lot to think about as you prepare to go on active duty. Whether you are a Federal or non-Federal civilian employee, taking the appropriate acton,  can minimize problems that may arise regarding your TSP account(s).  Before you Go on Active Duty, review  the "TSP: Called to Active Duty" link.