|
Annual statements coming in February
Is the annual statement the most useful TSP communication you receive? TSP participants responding to our 2022 participant satisfaction survey ranked the annual statement higher than any other TSP information we send. Make sure you look for yours in the mail and online in February. It’ll look different this year and comes with a packet of useful information about your account and retirement plan.
Annual statement for 2022
The 2022 annual statement you’ll receive in February covers your account activity for May 26 – December 31, 2022 (from our transition of recordkeeping services through the end of the year).
You’ll receive your paper annual statement at the mailing address on your account. You’ll also receive an email when your annual statement becomes available online in your secure participant mailbox in My Account.
Fourth quarter activity statement
You can request a statement showing only your fourth quarter 2022 account activity (October 1 – December 31, 2022) by logging in to My Account between January 1 and March 31, 2023, navigating to your account summary, and selecting “Forms and Materials” from the “Resources” list. Then select “Prior Quarter Account Statement” from the options.
Custom account activity statements
If you’d like a statement of account activity for a time frame you choose, you can log in to My Account, navigate to your account summary, and select “Account Statements” from the “My Account Essentials” list. After you specify a date range and request the statement, you’ll be able to access it in your secure participant mailbox in My Account. (The date range you can request is limited to begin on or after May 26, 2022, due to the transition of our recordkeeping services.)
|
|
Join us for more online learning in 2023
|
|
|
attended 405 official TSP training events in 2022.
|
|
|
Build expertise in planning for your financial future, get answers to your questions about the TSP and retirement, and stay up to date on Plan changes. Official TSP representatives host our free webinars live and always include time to answer your specific questions.
|
|
Most popular TSP webinar topics of 2022
|
|
Register for TSP webinars online
You can find the full list of webinar topics on our website. Register now to attend one of our upcoming live webinars in 2023. We add new sessions throughout the year, so check frequently to find times that work for you.
|
|
Get personalized support to roll over money to your TSP account
It’s easier than ever to move more money into your TSP account by rolling it over from an eligible plan, such as a 401(k), 403(b), or traditional IRA. With a simple phone call to the ThriftLine, you can access our rollover concierge service, and a rollover specialist will take you through the process step by step.
How to use our rollover concierge service
Call the ThriftLine and follow the prompts to access the rollover concierge service.
A rollover specialist will assist you with each step of the process. They’ll contact the providers who administer the account you’re rolling over to the TSP, complete distribution paperwork on your behalf, and contact you for any signatures needed to complete the paperwork. Then the specialist will ensure that the money you want to roll over enters your TSP account correctly.
Advantages of rolling over money to the TSP
Many participants tell us they don’t take advantage of rolling over money to the TSP because they don’t even know the option exists. There are multiple advantages to rollover contributions, and you can use this option even after you retire.
Rollovers allow you to consolidate your retirement savings in one place so it’s easier to evaluate whether you’re on target to meet your goals with the right asset allocation. And because the TSP’s low-cost funds are usually less expensive than funds in other employer plans, your savings can grow faster.
|
|
50 or older? A simple catch-up process can add more savings to your TSP
Starting in the year you turn 50, you become eligible to contribute thousands more dollars to your TSP account. These are called catch-up contributions (or contributions toward the IRS catch-up limit), and they’re simple to make. Just add any contributions toward the catch-up limit in the same place as your other TSP contributions.
|
|
How much can I contribute?
Try our calculator to find out how much you can contribute in 2023.
|
|
Add your direct deposit information in My Account today
It’s safe and easy to add your bank information in My Account. Adding this information now helps you get your money faster when you need it. If you wait to add this information when you apply for a loan, withdrawal, or distribution, you’ll need to wait at least seven days before you can request direct deposit. For your protection, the destination you wish to send a loan, withdrawal, or distribution from your TSP account must be on file for at least seven days before it can receive funds.
|
|
Most popular TSP webpages of 2022
|
|
The largest defined contribution plan in the United States |
|
 6.7 million
TSP participants
|
 $726 billion
invested assets
|
|
Schedule for the Thrift Savings Planner
You'll receive your TSP newsletter by email in January, April, July, and October each year.
You can unsubscribe from the Thrift Savings Planner at any time.
View this email in your browser.
Contact us
Privacy
tsp.gov
ThriftLine Service Center
C/O Broadridge Processing
P.O. Box 1600
Newark, NJ 07101-1600
|
|
|
|
