The TSP, or Thrift Savings Plan, is a defined contribution retirement savings and investment plan for Federal employees and members of the uniformed services. It is one of the most effective retirement plans in use today, but it must be managed on an ongoing basis if you expect it to be a primary source of retirement funding. Many Thrift Savings Plan investors are lulled into a sense of complacency by the simplicity of their TSP accounts. They are led to believe that they can simply choose a fund, set up a contribution amount, and their retirement will grow on autopilot. However, … Continue reading TSP Allocation Model