A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify, ...

Required Minimum Distributions are mandatory annual withdrawals from certain retirement accounts, enforced by the federal government once you reach a specific age. These withdrawals apply to ...

The bills, which lack Republican support, also aim to ensure that federal employees have access to TSP loans during government shutdowns. Congressional Democrats introduced bills that would waive ...

The Thrift Savings Plan has implemented major changes to its withdrawal rules, allowing unlimited partial withdrawals, more installment options, and greater control over traditional and Roth balances.

Sen. Tim Kaine, D-Va., this week introduced new legislation aimed at making it easier for federal workers to take advantage of the federal government’s 401(k)-style retirement savings program to help ...

Mike Zaino, of The Zaino Group, is a Registered Financial Consultant and National Retirement Counselor serving federal and postal employees. Federal employees have access to a valuable retirement ...