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  2. The Ins and Outs of the Thrift Savings Plan (TSP): Investment ...

    www.aol.com/finance/ins-outs-thrift-savings-plan...

    The Thrift Savings Plan (TSP) is a defined contribution plan that is available only to military service members and federal employees. It is similar to the 401(k) plans offered by many private ...

  3. Thrift Savings Plan - Wikipedia

    en.wikipedia.org/wiki/Thrift_Savings_Plan

    The TSP is one of three components of the Federal Employees Retirement System (FERS; the others being the FERS annuity and Social Security) and is designed to closely resemble the dynamics of private sector 401(k) and Roth 401k plans (TSP implemented a Roth option in May 2012).

  4. Federal Employees Retirement System - Wikipedia

    en.wikipedia.org/wiki/Federal_Employees...

    The Federal Employees' Retirement System (FERS) is the retirement system for employees within the United States civil service. FERS [1] became effective January 1, 1987, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector. [2] FERS consists of three major components:

  5. Retirement Basics: Thrift Savings vs. 401(k) Plans - AOL

    www.aol.com/finance/thrift-savings-plans-vs-401...

    Thrift savings plans and 401(k)s are two types of retirement plans. We go over the characteristics of each type of plan. Retirement Basics: Thrift Savings vs. 401(k) Plans

  6. Federal Retirement Thrift Investment Board - Wikipedia

    en.wikipedia.org/wiki/Federal_Retirement_Thrift...

    The Thrift Savings Plan is a tax-deferred defined contribution plan similar to a private sector 401(k) plan. The Thrift Savings Plan is one of the three parts of the Federal Employees Retirement System (FERS), and is the largest defined contribution plan in the world. According to the 2023 audited financial statements, the board manages ...

  7. Types of retirement plans and which to consider - AOL

    www.aol.com/finance/types-retirement-plans...

    A 401(k) retirement plan can also be especially useful for people who want to put retirement savings on autopilot. To consider : Sometimes 401(k) plans have account maintenance or other fees.

  8. 5 Pitfalls to Avoid If Most of Your Retirement Savings Is in ...

    www.aol.com/5-pitfalls-avoid-most-retirement...

    An IRA gives you similar tax benefits to a 401(k) with more flexibility as far as your individual investments go. Pitfall #2: High fees Saving in a 401(k) might expose you to high fees in a couple ...

  9. Employer matching program - Wikipedia

    en.wikipedia.org/wiki/Employer_Matching_Program

    An employee's 401(k) plan is a retirement savings plan. The option of an employer matching program varies from company to company. It is not mandatory for a company to offer a contribution to their 401(k) plans.

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