A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify, ...

Sen. Tim Kaine, D-Va., this week introduced new legislation aimed at making it easier for federal workers to take advantage of the federal government’s 401(k)-style retirement savings program to help ...

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 ...

The bills, which lack Republican support, also aim to ensure that federal employees have access to TSP loans during government shutdowns. Congressional Democrats introduced bills that would waive ...