Benefits


Army Tips		Log On About \| Blog \| Books \| Contact \| Gurus \| Press \| Questions \| Radio \| Sponsor
Archive		Who you, a Guru? After you read these 99 Army tips, you'll be one. But we're looking to recruit a Guru to blog, write a 101 tip Army book, and become a leader of this community. Who you, a Guru? Apply now.

LifeTips Home

Careers/Jobs

Army Tips

Acronyms

Answer User Questions

Basic Training

Benefits

Enlisting

General

Army FAQs


Bookmark This Site Keep up with our Tips


Tip of the Day RSS Feed Fresh Army Tips Daily




Sponsor Program
Our tips are powerful. Our writers are experts. Our results are guaranteed.




Listen to our Radio Show
Hot topics for both consumers and webmarketers on WebmasterRadio.FM Every Wednesday, 4PM Eastern.

Thrift Savings Plan

The Thrift Savings Plan (TSP) is a retirement savings and investment plan that was made available to the military October 9, 2001. The purpose of the TSP is to provide retirement income. It offers participants the same type of savings and tax benefits that many private corporations offer their employees under so-called "401(k)" plan.

The TSP allows participants to save a portion of their pay in a special retirement account administered by the Federal Retirement Thrift Investment Board. The money that participants invest in the TSP comes from pre-tax dollars and reduces their current taxable income; investments and earnings are not taxed until they are withdrawn.

For more information about the Thrift Savings Plan, go to http://www.tsp.gov/uniserv/index.html#q1

Save Tip

Tip Rating

Comments

Nobody has commented on this tip yet. Be the first.

Learn more about our Exclusive Program we offer our clients.

LifeTips is part of ideaLaunch, the hub for a group of websites offering
solutions that help clients improve mind share, market share and profit online.

Privacy Guaranteed.
Satisfaction Required.