Thrift Savings Plan (TSP)
The Thrift Savings Plan (TSP) is a retirement savings and investment plan. While participation is optional, TSP is a critical and essential part of the FERS retirement plan that can provide a substantial portion of your retirement income. It’s also a great supplement to the CSRS retirement system.
Contributions are by payroll deductions. You may make a contribution election at any time via myPay . If you are a new employee and do not have a myPay PIN, you may complete a TSP Election Form (TSP-1) and submit it to the Benefits and Payroll Liaison Branch in Building 31, Room B3C23.
To learn more about the TSP watch these information videos:
- How The TSP Fits Into The Federal Employees Retirement System (FERS)
- TSP Program Overview
- You Can Take It With You: Questions & Answers On The TSP
Important Note: There are numerous videos about the TSP by various sources on YouTube. There are videos by the U.S. Office of Personnel Management (OPM) and videos by private companies. Please note that the OPM videos are identified as “by USOPM.” These are the only videos that are authorized by OPM and the TSP.
- TSP Home Page
- Summary of the TSP Plan Booklet
- Planning and Tools
- Investment Funds
- Managing your TSP Account
- Loans, Withdrawals, and Refunds
- Forms and Publications