Thrifting Savings Plan Peaks in 2023 with Enhanced Retirement Contributions and Assets

Washington, D.C. – The Federal Retirement Thrift Investment Board had a successful 2023 in terms of making progress toward the long-term strategic goals for the Thrift Savings Plan. With more TSP participants than ever contributing enough to their retirement accounts to receive a full match from the government, the board saw a record high of 86.8% of feds in the Federal Employees Retirement System (FERS) and 84.9% of active-duty military members in the Blended Retirement …

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