A Thrift Savings Plan is only available to federal government employees and military service members. The Thrift Savings Plan is broken down into 2 different types of funds, Lifecycle funds and Individual funds.

Understanding Retirement Accounts –

© EuduringFinances, 2021. All Rights Reserved.

Read more at www.enduringfinances.com

Disclaimer Notice: “Neither enduringfinances.com nor any of its partners or representatives is in any way affiliated with the United States Government, The Federal Retirement Thrift Investment Board or the Thrift Savings Plan, and that the service being offered is not sanctioned by the United States Government, the Federal Retirement Thrift Investment Board or the Thrift Savings Plan.”

Timestamps:
00:00 Introduction
00:19 What is A Thrift Savings Plan?
02:05 TSP Employer Matching
06:13 Individual Funds
11:04 Lifecycle funds
14:10 Roth Vs Traditional Contributions
16:00 Maximum Contribution Limits
17:47 Vesting Requirements
19:20 2020 TSP Fee Break Down…(read more)

LEARN MORE ABOUT: Thrift Savings Plans

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing