Tag: Thrift Savings Plan

IRS Again Leaves Most Annual Retirement Plan Limits Unchanged

By HR Daily Advisor Staff Nov 22, 2016 Benefits and Compensation

Updated: Jan 7, 2018

The Internal Revenue Service (IRS) again left most annual threshold and benefit levels unchanged when it announced them for 2017 on October 27, 2016. Employers and retirement plan administrators can apply the new rates as they prepare their plans for next year and conduct nondiscrimination testing. Notice 2016-62 laid out the latest changes to cost-of-living […]

News Notes: Military Service Members Eligible For New Savings Plan

By HR Daily Advisor Staff Nov 1, 2001 HR Management & Compliance

Updated: May 18, 2015

The federal government’s Thrift Savings Plan, a 401(k)-type program previously available only to federal civil service and postal workers, will now be open to uniformed members of the armed services while on active duty and to reservists while on military-pay status. A special enrollment period runs through Jan. 31. More information is available at the TSP […]