Home     Forum     401k     401k Rollovers     Crypto Forum
    Register   Login   Members   Search   FAQs     Recent Posts    

401k and thrift savings plan ?

Reply to topic
Money Talk > Taxes

Author Thread
New Member

Cash: $ 2.00

Posts: 7
Joined: 13 Aug 2013

 Reply with quote  

Thrift savings plans or TSP are tax deferred retirement savings and investment plans administered by the Federal Retirement Thrift Investment Board or FRTIB for federal employees. Thrift savings plans work on the same principle as 401 (k) plans offered by many private employers. All the employees who fall under the Federal Employees Retirement System or FERS and the Civil Service Retirement System or CSRS are eligible to participate in TSP. There are different requirements specified for both FERS and CSRS groups. Federal employees have to make voluntary contributions to their TSP accounts. Additionally, these contributions are not in any way considered a part of their regular FERS Basic Annuity or CSRS annuity contributions.
Post Tue Aug 13, 2013 9:50 am
 View user's profile Send private message

Goto page Previous  1, 2
Reply to topic
Forum Jump:
Jump to:  
  Display posts from previous:      

Money Talk © 2003-2022

Crypto Prices