Plan News was updated on September 15, 2019.

New withdrawal options now available — (September 15, 2019) We’re pleased to announce that all participants now have more options when seeking to withdraw retirement savings from their TSP accounts.

For a detailed summary of the new withdrawal options, read our updated fact sheet, Questions and Answers about Changes to TSP Withdrawal Options.

For information about in-service withdrawal options, visit the “In-Service Withdrawals” section of tsp.gov and download our updated booklet, In-Service Withdrawals.

For information about post-separation withdrawals, visit the “Withdrawals After Leaving Federal Service” section of tsp.gov and download our updated booklet Withdrawing from Your TSP Account.

To initiate a withdrawal request, you’ll use enhanced online tools in My Account. After you log in, select the “Withdrawals and Changes to Installment Payments” link from the Online Transactions menu.

Stick to Your Plan — (August 6, 2019) The stock and bond markets can change rapidly. 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. Remember that investing for retirement is for the long-term. Try not to let short-term market movements steer you off course. To learn more, visit Investment Strategy: Stick to Your Plan.

Second quarter participant statements are online and in the mail — (July 10, 2019) Your second quarter 2019 participant statement, covering the period from April 1 through June 30, 2019, 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.

Updated information about changes to TSP withdrawal options — (May 30, 2019) We have updated our fact sheet about coming improvements to TSP withdrawal options. Questions and Answers about Changes to TSP Withdrawal Options includes summaries of the changes coming September 15, 2019.

Add extra security to your TSP account — (April 15, 2019) You’re now able to make online access to your TSP account even more secure by enabling two-step authentication at login. This means that you’ll receive a one-time verification code by email or text message each time you log into your account. To add this security feature, log into My Account on tsp.gov and go to your profile settings.

Enabling two-step authentication helps you protect your account against fraud. This login process is more secure because it means that online access to your account requires something you know (your account number or username and password) and something you have (the one-time code you receive in your email or on your phone). Someone who tries to log into your account fraudulently won’t be able to gain access without the code.

Before you can use two-step authentication, you must first validate an email address or cell phone. You can validate your contact information in your My Account profile settings.

Loans during a lapse in appropriations — (February 15, 2019) As a result of the recent partial government shutdown, we made changes to provide assistance to affected TSP participants. In the event your agency is affected by a lapse in appropriations, read the fact sheet Frequently Asked Questions About TSP Loans During a Lapse in Appropriations for details on how to take a loan, what to do if a lapse in appropriations lasts long enough to affect your loan payments, and other questions you may have about taking or having a loan while you are on shutdown furlough. The fact sheet also explains what happens with your loan payments when a lapse in appropriations ends.

Annual participant statements — (February 5, 2019) Your annual 2018 participant statement, covering the period from January 1 through December 31, 2018, 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.

Changes coming to the Lifecycle (L) Funds — (November 29, 2018) We are planning adjustments to the L Funds in an effort to improve your investment outcomes. Effective in January 2019, we will increase exposure to international stocks (the I Fund) from 30% to 35% of the overall stock allocation in all L Funds. The L Income Fund stock allocation (C, S, and I Funds combined) will increase from 20% to 30% over a period of up to 10 years. The L 2030, L 2040, and L 2050 overall stock allocations will hold steady for a period of years before resuming their transitions from stocks to bonds. In addition to improving investment outcomes, this pause will align the L 2030, L 2040, and L 2050 Funds with the L 2060 Fund, which will be introduced in 2020 with an initial stock allocation of 99%. Visit Lifecycle Funds to learn more.

2019 Contribution limits — (November 7, 2018) The Internal Revenue Code places specific limits on the amount that you can contribute to employer-sponsored plans like the TSP each year. The limits for 2019 have been announced. To learn more, visit “Contribution Limits.”

Peak ThriftLine Call Times — (January 29, 2018) Our highest call volume is on Monday and Tuesday mornings. If you want to minimize your wait time to speak to a Participant Services Representative, consider calling outside of those peak hours. Participant Service Representatives are available Monday through Friday, 7:00 a.m. to 9:00 p.m., eastern time.