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Date of Issue: November 2015 Thrift Savings Plan (TSP) Overview This notice provides important information regarding the Thrift Savings Plan (TSP) including: determining eligibility for catch up contributions,
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How to Fill Out Thrift Savings Plan (TSP):

01
Visit the TSP website or contact your HR department to obtain the necessary forms.
02
Fill out your personal information, including your name, address, and social security number.
03
Choose your contribution amount and decide whether you want to contribute to a traditional or Roth TSP account.
04
Indicate your investment preferences by choosing how you want your contributions allocated among the available TSP funds.
05
Consider designating beneficiaries to ensure your TSP assets are distributed according to your wishes in the event of your passing.
06
Review your completed form for accuracy and sign it before submitting it to the appropriate authority.
07
Keep a copy of the filled-out form for your records.

Who Needs Thrift Savings Plan (TSP):

01
Federal employees: TSP is specifically designed for federal employees, including civilian employees and members of the uniformed services, such as the military.
02
Government contractors: Certain government contractors and their employees may also be eligible to participate in the TSP.
03
Those looking for a retirement savings plan: TSP offers tax advantages and low administrative fees, making it an attractive option for individuals looking to save for retirement.
04
Individuals seeking investment opportunities: TSP provides a range of investment funds to choose from, allowing participants to diversify their retirement savings.
05
Those interested in employer-match: Some government agencies may offer an employer match for TSP contributions, providing an opportunity for additional savings.
Note: It's important to consult with a financial advisor or visit the official TSP website for specific guidance tailored to your individual circumstances.
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The Thrift Savings Plan (TSP) is a retirement savings and investment plan for federal employees and members of the uniformed services.
Federal employees and members of the uniformed services are required to file a Thrift Savings Plan (TSP).
To fill out a Thrift Savings Plan (TSP), individuals can log in to their TSP account online or submit forms through mail or fax.
The purpose of the Thrift Savings Plan (TSP) is to provide federal employees and members of the uniformed services with a retirement savings and investment option.
Information such as contribution amounts, investment choices, and beneficiary designations must be reported on a Thrift Savings Plan (TSP).
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