What Does TSP Stand For?
TSP stands for Thrift Savings Plan
The Thrift Savings Plan (TSP) is a retirement savings and investment program designed for federal employees and uniformed service members. It offers participants a variety of tax-advantaged investment options, including both traditional and Roth contributions, allowing individuals to accumulate savings for retirement through payroll deductions. The TSP is managed by the Federal Retirement Thrift Investment Board and provides features such as low administrative fees, a range of investment funds, and the ability to borrow against contributions under certain conditions.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym