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Gov. TSP's?

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Money Talk > Thrift Savings Plan

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michmart
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Gov. TSP's?  Reply with quote  

Does anybody know how the Government Thrift Savings Plan works?? I'm joining the Navy and am starting to think about saving for my upcoming marriage and baby....

How do they work?
ROI?
Post Fri Feb 11, 2005 5:42 pm
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domskynetlabs
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USMC here. tsp.gov has all the info you would ever need.
Post Fri Feb 11, 2005 7:02 pm
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Guide4needy
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Thrift savings plans offer immediate employee contributions, before-tax savings and tax-deferred investment earnings, low administrative and investment expenses and a choice of five investment funds. These five investment funds are Government Securities Investment (G) Fund, Fixed Income Index Investment (F) Fund, Common Stock Index Investment (C) Fund, Small Capitalization Stock Index Investment (S) Fund, and International Stock Index Investment (I) Fund.

Thrift savings plans are also known as defined contribution plans, because the retirement income obtained from the TSP account depends on the contribution made by employees or their agencies during working years. The earnings accumulated through these contributions also affect the retirement income incurred.
Post Sun Apr 22, 2012 3:50 pm
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MichaelE
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I've been contributing to the TSP for years since I am a postal worker. I was late in getting started but I'm sure glad I'm in it now.
Post Sun Apr 22, 2012 11:19 pm
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