TSPs and IRAs both have benefits. With a TSP, you can contribute considerably more each year, expect matching contributions from the federal government, and pay lower investment fees. With an IRA, you have greater control over your investments, and there are no limits on withdrawals from it ...
If you want to maximize your contributions but aren’t sure how much you should deposit per pay period, use the“How much can I contribute?” calculator on the Thrift Savings Plan website. This tool will help you determine the specific dollar amount you should deduct from each pay period t...
Second, federal workers under the Federal Employees Retirement System (FERS) and service members under the BRS areeligible to receive up to 5% in matching contributionsfrom their agency or service every pay period. Military members who are not in the BRSdo not receive matching TSP contributions. ...
Civil Service Pay and Catch-Up TSP Contributions on Congressional AgendaStephen Barr