Plan News was updated on March 18, 2015.
- G Fund and the Debt Limit
- Thinking About Moving Your TSP Savings to Another Plan?
- Furloughs and Your TSP Account
- 2014 Annual Participant Statements
- IRS Form 1099-R
- 2015 Contribution Limits (Update)
- Trouble with Your New TSP Password?
G Fund and the Debt Limit — (March 18, 2015) As of yesterday, March 17, 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. To learn more, visit “The G Fund and the Debt Limit.”
Thinking About Moving Your TSP Savings to Another Plan? — (March 3, 2015) In this video, we share some questions you might have for the provider. For the full list, visit tsp.gov/keepingscore.
Furloughs and Your TSP Account — (March 3, 2015) Read our fact sheet to learn about the impact of a furlough on your TSP contributions as well as alternatives for accessing TSP funds should you be faced with significant financial hardship.
2014 Annual Participant Statements — (February 9, 2015) 2014 annual participant statements are now available in My Account and are in the mail. To receive e-mail updates when new participant statements are available, sign up at “E-Mail Updates” (under Quick Links) on the home page.
IRS Form 1099-R — (January 28, 2015) The TSP has mailed IRS Form 1099-R, Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc., to participants who received a withdrawal up to December 26, 2014, and/or a taxable distribution of a loan up to December 31, 2014. (Taxable distributions declared on December 29, 30, and 31 are taxable income for 2014.) 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.
2015 Contribution Limits (Update) — (November 6, 2014) 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 2015 have just been released. To learn more, visit “Contribution Limits.”
Trouble with Your New TSP Password? — (July 17, 2014) If you are attempting to change your password for the first time since May 10, 2014, and your old password was longer than 8 characters, enter only the first 8 characters of your old password.
If you created your new password after May 10, 2014 and you are having trouble logging back into My Account, please review the following tips:
- Check the Caps Lock key. If you unknowingly had it on when you created your password, then all the letters that you intended to be lowercase were actually entered as uppercase. The only way to get your password correct when you log back in is to engage the Caps Lock key.
- Clear the cache (temporary storage). See our instructions.
- Use the “Unmask” feature to ensure that you properly type in your account number/custom user id and that you don’t inadvertently type your new password into the custom user id field.
- If you have a civilian and a uniformed services account and you want to be able to toggle between them during the same web visit, both account passwords must be the same. If you find that you can get into one account but not the other, it’s because you still must change the other account’s password.
If you still are not able to log back into My Account, you may have to request that a new password be sent to you. You can click on the “Forgot Your Password?” link on the login page or call the toll-free ThriftLine at
Once you receive your new password, you’ll again be prompted to create a new, stronger password. Take extra care to note how you used the Caps Lock key and where you used special characters. Soon after you’ve changed your password, you will receive a confirmation notice in the mail.
If you use an online financial management (OFM) service such as Mint.com, PersonalCapital.com, or Manilla.com, be aware that it will not be able to access your TSP account information until you create a new stronger password. Once you create it, log in to your OFM and update it there as well to restore the connection.