Yes, the Thrift Savings Plan (TSP) is a federal government retirement benefit and it is a qualified plan.
The Thrift Savings Plan (TSP) is a retirement savings and investment plan for federal government employees and uniformed service members, including the Ready Reserve. Established by Congress in the federal Employees’ Retirement System Act of 1986, the TSP offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans.
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