Managing Your Account; Your Plan - Your Future (Paperback) (ISBN-13: 9781501005350)

All newly hired (or rehired) civilian (FERS and CSRS) employees are automatically enrolled in the TSP. If you are automatically enrolled, your agency will deduct 3% from your basic pay (before taxes) every pay period and deposit it into your TSP account, unless you make an election to change or stop these contributions. These contributions will be invested in the Government Securities Investment (G) Fund until you make a different contribution allocation.To begin making TSP contributions if you are a member of the uniformed services, or if you are not a new hire and are not currently contributing, you must submit Form TSP-1, Election Form (TSP-U-1 for members of the uniformed services) to your agency or service. This form is available from your TSP representative or the TSP website. Some agencies and services require electronic enrollment through systems such as Employee Express, LiteBlue, EBIS, myPay, or the NFC PPS. Check with your agency or service to see which one it requires.To take advantage of this important retirement benefit, you should start as early as you can and consider contributing as much as you can.

Author: Thrift Savings Plan
ISBN-10: 1501005359
ISBN-13: 9781501005350
Publisher: Createspace Independent Publishing Platform
Language: English
Published: 09/02/2014
Pages: 24
Format: Paperback
Weight: 0.09lbs
Size: 8.50h x 5.51w x 0.05d