Is TSP A Retirement Plan?

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One response to “Is TSP A Retirement Plan?”

1. 

   May 28, 2013

   Bob Vineyard

   A TSP (thrift saving plan) is a qualified retirement plan used by both public and private entities but it is more common in government bodies such as state and local municipalities and school systems.

   The TSP is a money purchase plan, very similar to the more common 401(k). Some employers offer both a TSP and defined benefit plan.