Editor's note: An earlier version of this article incorrectly said Roth TSP distribution may not be subject to income tax and a 10% penalty under certain circumstances. Tax-free Roth Thrift Savings ...

Beginning Jan. 28, the Thrift Savings Plan now allows participants to convert traditional (pre-tax) balances into Roth (after-tax) balances inside the TSP itself. This long-awaited change gives ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. He has ...

As 2026 progresses, federal employees face a critical window to optimize their Thrift Savings Plan (TSP) allocations amid rising contribution limits and evolving tax strategies. With the standard ...

Starting in 2026, the Thrift Savings Plan (TSP) will give every federal employee a new power move. For the first time, you’ll be able to convert your traditional (pre-tax) TSP balance into Roth (after ...

Starting January 1, 2026, Federal employees and retirees will be able to convert money from their traditional Thrift Savings Plan accounts to a Roth TSP account. Federal employees can make their ...

As federal employees navigate the 2026 tax year, the TSP contribution limit has increased to $24,500, offering a fresh opportunity to boost retirement savings. Coupled with the newly available in-plan ...