{"id":38918,"date":"2024-01-03T16:59:15","date_gmt":"2024-01-03T16:59:15","guid":{"rendered":"https:\/\/one.sightlinemg.com\/marinecorpstimes\/uncategorized\/2024\/01\/03\/fed-retirement-plan-ends-year-with-positive-returns\/"},"modified":"2026-08-08T05:08:18","modified_gmt":"2026-08-08T05:08:18","slug":"fed-retirement-plan-ends-year-with-positive-returns","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/marinecorpstimes\/pay-benefits\/2024\/01\/03\/fed-retirement-plan-ends-year-with-positive-returns\/","title":{"rendered":"Fed retirement plan ends year with positive returns"},"content":{"rendered":"\n

The Thrift Savings Plan, the federal government\u2019s 401(k)-style retirement plan, ended the year on a high note, with all five core funds yielding positive returns for the second straight month.<\/p>\n\n\n\n

It\u2019s the gift that keeps on giving for roughly 6 million current and former federal employees as many are looking to file for retirement in the coming weeks<\/a> or organize their finances in preparation for tax season.<\/p>\n\n\n\n

The TSP has been around for decades and has been cited as one of the unique benefits of working in the public sector. <\/a>In a 2023 survey<\/a> conducted by the Federal Retirement Thrift Investment Board, 82% of participants reported being satisfied with the TSP, though that figure has fallen over the last three years.<\/p>\n\n\n\n

Those in the newer Federal Employees Retirement System get matching contributions up to 5%, while those who retired under the Civil Service Retirement System receive no match but can still contribute.<\/p>\n\n\n\t