What is the TSP? The Thrift Savings Plan for Beginners

Welcome back to Cash-in with Cassian, the financial forum for young professionals. Today, we continue our series on Military Money as we turn our attention to the Thrift Savings Plan or TSP. TSP is an important component of the Blended Retirement System, and in this video, we’re going to learn what it is, and how you can use your TSP to grow your retirement savings. We’ve got a lot to cover, so let’s dive right in.

TIMESTAMP

00:00 - Introduction to Thrift Savings Plan
01:55 – How the TSP works
03:48 – TSP Contributions
05:00 – Roth TSP
06:57 - 5 Index Funds

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★Disclaimer★: I am not a licensed financial planner. Cassian Nuñez does not provide tax, legal or accounting advice. This material has been prepared for entertainment purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

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