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Thrift Savings Plan

TSP is a retirement savings and investment plan for Federal employees. Employees covered by FERS and CSRS can contribute to TSP. Employees hired on or after January 1, 1984, are generally FERS employees. The Foreign Service Pension System (FSRS) and other equivalent Government retirement plans are also included in FERS. CSRS includes the CSRS Offset, the Foreign Service Retirement and Disability System, and other equivalent Government retirement plans. For detailed information regarding TSP, refer to publication and bulletins published by the Federal Retirement Thrift Investment Board.

If the employee elects to start, change, waive, or terminate TSP contributions, the employee must complete Form TSP-1, Thrift Savings Plan Election Form.

This section will show the user how to enter TSP elections, changes, and cancelations.

Before beginning, the following information is needed (This information is provided on the TSP-1 completed by the employee.):

  • The type of action (enrolling, changing, stopping contributions).
  • The percent of contribution OR the amount of contribution.

For more information about TSP, refer to the TSP website.