Plan News was updated on March 4, 2014.
- Retirement Savings Contributions Credit
- Investing in Bonds
- Phishing, E-mail Scams, and Bogus Websites
- 2013 annual participant statements
- IRS Form 1099-R
- The TSP is now on Twitter!
- Internal Revenue Code (IRC) 2014 contribution limits
- TSP.gov goes mobile
- Estimate your retirement income with our new calculator
Retirement Savings Contributions Credit — (March 4, 2014) If you participated in the TSP during tax year 2013, you may be eligible to claim the Retirement Savings Contributions Credit, as long as your modified adjusted gross income for 2013 is not more than $59,000 if married filing jointly, $44,250 if head of household, or $29,500 if you are single or married filing separately, or a qualifying widow or widower.
Investing in Bonds — (March 4, 2014) Learn what bonds are and how you can invest in them through the TSP.
Phishing, E-mail Scams, and Bogus Websites — (February 24, 2014) Remember: TSP.GOV is the only legitimate web address for reaching the TSP online. Email links with spelling errors or slight variations in the TSP.GOV address (e.g., TSPGOV.US or T$P.GOV) may send you to fraudulent websites. These websites may steal your login credentials when you enter them. Visit the TSP Security Center for more information. If you ever suspect your account credentials have been compromised, please call the ThriftLine at 877-968-3778 immediately so that we may take immediate actions to protect your account.
2013 annual participant statements — (February 12, 2014) Your 2013 annual participant statement, covering the period from January 1 through December 31, 2013, is now available in
IRS Form 1099-R — (February 3, 2014) 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, 2013, and/or a taxable distribution of a loan up to December 31, 2013. (Taxable distributions declared on December 27, 30, and 31 are taxable income for 2013.) If you have not received Form 1099-R by mid-February, you can print out a copy from
The TSP is now on Twitter — (December 16, 2013) The TSP is pleased to announce the launch of its Twitter account @tsp4gov. Follow us to get current, informative messages as well as quick and easy access to helpful tools and videos that will help you make smart decisions about your TSP account.
Internal Revenue Code (IRC) 2014 contribution limits — (November 1, 2013) You can contribute up to $17,500 in employee contributions to the TSP in 2014. The limit applies to the combined total of your tax-deferred traditional and Roth contributions. (This limit has not changed from 2013.)
If you are a member of the uniformed services, you can contribute a total of $52,000 in tax-deferred and tax-exempt money. (The 2013 limit is $51,000.)
Any participant who will be age 50 or over in 2014 can also contribute up to $5,500 in additional catch-up contributions, as long as regular contributions for the year are expected to reach the $17,500 limit. (This limit has not changed from 2013.) .
TSP.gov goes mobile — (October 21, 2013) TSP participants who navigate to tsp.gov from a smartphone will now automatically be directed to the new mobile version of My Account. The mobile version provides participants the informational, transactional, and interactive benefits of tsp.gov anytime and anywhere on a smartphone. Participants do not need to download an app to enjoy this benefit.
Estimate your retirement income with our new calculator — (June 24, 2013) Do you plan to withdraw monthly income from your TSP account when you retire? The TSPís new Retirement Income Calculator will help you decide whether receiving monthly income is right for you by comparing the available options and features that might meet your needs. Visit Planning & Tools on the homepage to learn more.