Beginning Jan. 28, the Thrift Savings Plan now allows participants to convert traditional (pre-tax) balances into Roth (after-tax) balances inside the TSP itself. This long-awaited change gives ...

You may know that the government will match your contributions, up to 5% of your military basic pay, to the Thrift Savings Plan (TSP) if you are covered under the Blended Retirement System (BRS). This ...

The Thrift Savings Plan (TSP) is a federal government-sponsored retirement savings and investment plan. The purpose of the TSP is to provide retirement income. The TSP is a defined contribution plan.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. He has ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Gordon Scott has been an active investor and ...

Lifecycle funds adjust risk by shifting from stocks to bonds as retirement nears. Most funds offer a clear prospectus detailing asset allocation changes over time. High fees and a fixed path are ...