Deciding when and how much to invest for retirement is one of most important financial decisions people will make in their lifetime. However, it can also be one of the most complex and challenging ones with several tax rules, fund types and investment plans to utilize. One such plan, available to members of the uniformed services and federal government employees, is the Thrift Savings Plan (TSP).

The TSP is a retirement savings and investment plan similar to a company-sponsored 401(k) plan, with slight differences in fees, matching contributions and funds available for investment. Whether you are new to investing and wondering whether the TSP is right for you, or already use TSP but want to know the difference between fund types C, F and S, it may be difficult to know where to get the right answers.

Enter theSITREP, an informational podcast and video series co-hosted by Paul Corbett, Michael McNamara and James Christie. Short for “situation report,” theSITREP covers issues of interest to Veterans, often interviewing subject matter experts to provide information on the many benefits earned through military service. In the latest episode, Corbett was joined by Mike Jerue, the deputy chief investment officer for TSP. They discussed topics including the history of TSP, withdrawing funds during retirement and everything in between. You can listen to the full audio podcast here or find videos on specific topics listed under these general categories:

Getting started with TSP

Comparison of TSP and other investment plans

Investment funds available with TSP

Ways to contribute to TSP

TSP after military & government service

Withdrawals and Rollovers from TSP

TSP at Retirement Age:

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6 Comments

  1. Dave Stefantz June 23, 2023 at 08:29

    I plan to take my annual RMD from a different IRA. Is there a place in my TSP account where I can notify TSP that I met my RMD requirement elsewhere? Based on this video, TSP will automatically cut me a check if I don’t withdraw from them on my own.

  2. Betsy Williams June 22, 2023 at 14:36

    Can the surviving spouse of a deceased veteran sign up for TSP

  3. lawrence mugg June 22, 2023 at 14:05

    Due to login.gov and them not following the telecommunications act (no more land lines. I cannot login (they will not accept internet phones). I cannot use TSP directly because it installs permanent cookies. TSP also refuses to send anything in writing.

  4. Audrey Wright June 21, 2023 at 22:25

    Can Caregivers contribute to a TSP?

  5. William June 21, 2023 at 22:21

    I have a question, I was medically retired from the military and now I get paid from the VA, is there a way to put money from my VA into my TSP?

  6. Ann Zappa June 21, 2023 at 21:13

    Where can I read these articles? Can not watch on my phone.

Comments are closed.

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