What Is TSP?
Jeremy: What is the Thrift Savings Plan? It’s often referred to as the TSP.
It was actually established by Congress in 1986. It’s a defined contribution plan and it’s specific to federal employees. You can’t get this anywhere else. It’s a tax-deferred retirement savings plan. It’s very similar to a 401(k) plan in a private industry or a corporate world. It’s fully determined by what you contribute. There are obviously agency matchings and things like that we’ll go over, but it is what you make it.
Protecting your paycheck. Protecting your life. Protecting your retirement