Some are only available to service members
- Office members have access to a range of savings and investment opportunities, some of which are inaccessible to citizens.
- The Federal Savings Plan (TSP) is similar to Plan 401 (k) and provides for automatic payroll deductions and contributions.
- Traditional and Roth IRAs offer a wide range of investment options and can be a great way to supplement your TSP.
- Other investments include the savings program, 529 college and real estate savings plans.
Federal Thrift Savings Plan
A Savings Plan (TSP) is a qualified retirement plan that gives federal and service workers an affordable and tax-free way to invest. You can choose from a combination of investments, from short-term US Treasury funds to indexed and lifecycle funds, the latter automatically rebalancing your assets when you retire.
You can choose between two tax treatments for your TSP contributions: