Age-Appropriate Default Option for the TSP Starts This Weekend
Starting September 5th, the Thrift Savings Plan will be providing new federal employees with a different default fund for automatic enrollment in their retirement savings plans.
Starting September 5th, the Thrift Savings Plan will be providing new federal employees with a different default fund for automatic enrollment in their retirement savings plans.
The Federal Retirement Thrift Investment Board, the group that oversees the Thrift Savings Plan, has given the green light to begin the process of adding mutual funds as an investment option to the TSP.
Effective Aug. 1, TSP participants will have another investment option from which to choose.