www.tsp.gov login – Thrift Savings Plan Online Services

 

To sign in to your Thrift Savings Plan please have your account number ready.  The Thrift Savings Plan is a retirement savings and investment plan similar to a 401 k but for employees of the Federal Government, members of the uniformed service and the ready reserve.  If you work for the Federal Government you should without a doubt be contributing to your TSP account.  All Federal agencies will match a contribution up to a certain percent.  So for example if you contribute 10% of your paycheck to your TSP account your agency might match 3% of that.  It is basically giving you free money!  The Thrift Savings Plan was founded by Congress in the Federal Employees’ Retirement System Act of 1986.

A user can also borrow against their TSP account.  In most cases this is not recommend.  Please consult a financial expert before making a move like this.  Please carefully consider its potential effect on your retirement income, it could set your retirement back months, maybe years!  Also please note that the amount of your TSP loan cannot exceed the amount of your own contributions and has a repayment plan of 1 to 15 years. 

Once you have money in your TSP account you must decide where to place it.  You will have the option between G,F, C, S, and I Fund and a L fund.  Each fund is different and has pluses and minuses.  Please research each fund before placing your money in one vs another.  For example the G Fund is composed of U.S. Treasury security that is guaranteed by the U.S. Government.  The G fund is a safe bet but will not return that much.  The G fund might be more appropriate for someone in his or her final years of work. 

www.tsp.gov login