Thrift Savings Plan (TSP)

URI: https://gptkb.org/entity/Thrift_Savings_Plan_(TSP)
GPTKB entity
Statements (42)
Predicate Object
gptkbp:instanceOf Individual Retirement Account
gptkbp:administeredBy gptkb:Federal_Retirement_Thrift_Investment_Board
gptkbp:assetsUnderManagement over $800 billion (as of 2023)
gptkbp:catchUpContributions available for participants age 50 and over
gptkbp:contribution employee contributions
employer matching contributions
gptkbp:country gptkb:United_States
gptkbp:createdBy gptkb:Federal_Employees'_Retirement_System_Act_of_1986
gptkbp:eligibility federal civilian employees
members of the uniformed services
gptkbp:established 1986
gptkbp:headquarters gptkb:Washington,_D.C.
https://www.w3.org/2000/01/rdf-schema#label Thrift Savings Plan (TSP)
gptkbp:investedIn gptkb:C_Fund
gptkb:F_Fund
gptkb:G_Fund
gptkb:I_Fund
gptkb:S_Fund
gptkb:Lifecycle_Funds_(L_Funds)
gptkbp:loanOptions general purpose loan
residential loan
gptkbp:maximumLoanAmount IRS annual limit
gptkbp:minimumInvestment 1% of basic pay
gptkbp:offers Roth savings option
tax-deferred savings
gptkbp:participants over 6 million (as of 2023)
gptkbp:penaltyForEarlyWithdrawal 10% (with exceptions)
gptkbp:policy government retirement plan
gptkbp:regulates gptkb:U.S._federal_law
gptkbp:rolloverOptions eligible for rollover to IRA or other qualified plan
gptkbp:serves federal employees
members of the uniformed services
gptkbp:similarTo gptkb:401(k)_plan
gptkbp:taxStatus gptkb:Roth_(after-tax)
pre-tax
gptkbp:type defined contribution plan
gptkbp:website https://www.tsp.gov/
gptkbp:withdrawalOptions annuities
monthly payments
lump sum
gptkbp:bfsParent gptkb:Public_Law_99-335
gptkbp:bfsLayer 6