Plan News was updated on March 28, 2017.

Participant Survey — (March 28, 2017) In an effort to understand your experience and satisfaction with the TSP, we’ve partnered with Gallup to conduct a survey among our participants. If you are one of the participants who receives the survey, you will find it in your email account or at your address of record in the next few business days. If you have any questions, please call the ThriftLine at 1-877-968-3778 and press option 3 to speak to a Participant Service Representative (PSR).

G Fund and the debt limit — (March 16, 2017) As of today, March 16, 2017, the U.S. Treasury was unable to fully invest the Government Securities Investment (G) Fund due to the statutory ceiling on the federal debt. However, G Fund investors remain fully protected and G Fund earnings are fully guaranteed by the federal government. This statutory guarantee has effectively protected G Fund investors many times over the past 25 years. G Fund account balances will continue to accrue earnings and will be updated each business day, and loans and withdrawals will be unaffected.

Annual participant statements — (February 7, 2017) Your annual 2016 participant statement, covering the period from January 1 through December 31, 2016, is now available in My Account. To receive e-mail updates when new participant statements are available, sign up at “Email Updates” (under Quick Links) on the home page.

IRS Form 1099-R — (January 25, 2017) The TSP has mailed IRS Form 1099-R, Distribution from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc., to participants who received a withdrawal up to December 27, 2016, and/or a taxable distribution of a loan up to December 30, 2016. (Withdrawals disbursed on December 28, 29, and 30 are taxable income for 2017.) If you have not received Form 1099-R by mid-February, you can print out a copy from My Account. Corrected Forms 1099-R will be issued late February/early March. If you are expecting a corrected Form 1099-R, you may wish to wait to file your taxes until you receive the form.

Fourth quarter participant statements — (January 11, 2017) Your fourth quarter 2016 participant statement, covering the period from October 1 through December 31, 2016, is now available in My Account. To receive email updates when new participant statements are available, sign up at “Email Updates” (under Quick Links) on the home page.

Warning: Third-Party Mobile Applications — (November 1, 2016) There are a number of mobile applications that reference the Thrift Savings Plan and may prompt you for your TSP account credentials. These applications are NOT sponsored by the TSP. Providing your TSP account credentials to third-party applications may jeopardize the security of your account. The TSP cannot endorse any information or advice provided by third-party applications.

For more information on keeping your account safe, visit our online Security Center or contact the ThriftLine at 1-877-968-3778.

2017 Contribution Limits — (November 1, 2016) The Internal Revenue Code places specific limits on the amount that you can contribute to employer-sponsored plans like the TSP each year. Limits for 2017 are unchanged from 2016. To learn more, visit “Contribution Limits.”

The TSP is now on Facebook — (September 5, 2016) The TSP is pleased to announce the launch of its Facebook page: Like our page to stay engaged, keep up to date, and learn how to make the most of your TSP account. Don’t forget to share our posts with your federal friends and coworkers.

Tips for Protecting Your Account — (July 19, 2016) As a TSP participant, you should know how to protect your account against various types of fraud. For detailed tips about how you can help safeguard your savings, visit Plan Participation: Protect Your TSP Account.

Stick to Your Plan — (June 24, 2016) Significant movements can occur rapidly in the stock and bond markets. By the time you react to the situation, the market may be moving in the opposite direction, and you could miss out on significant gains. It's a good idea to periodically ask yourself whether your retirement portfolio properly reflects your willingness and ability to take risk. But if you are certain about the amount of risk you can tolerate, try not to let short-term market movements steer you off course. To learn more, visit Investment Strategy: Stick to Your Plan.

Update: Information for Federal Public Safety Employees — (November 23, 2015) The Defending Public Safety Employees' Retirement Act (P.L. 114-26) amended the Internal Revenue Code to allow specified federal law enforcement officers, customs and border protection officers, federal firefighters, and air traffic controllers who separate from service in or after the year they turn age 50 to make a withdrawal from the TSP without incurring a 10% early withdrawal penalty. The law applies to TSP withdrawals paid after December 31, 2015.

We will rely on employing agencies and services to inform us if a separating (or already separated) employee was a public safety employee as defined by the law. Employees with this designation who were at least 50 during the year of separation and who are paid withdrawals after December 31, 2015, will be issued a Form 1099-R—in January of the year following the withdrawals—indicating they are exempt from the IRS 10% early withdrawal penalty. Other employees will continue to be exempt only if they separate in the year they turn 55 or older or have reached the age of 59½.