Most federal employees take advantage of the Thrift Savings Plan while they are employed. The question for almost all employees, what do I do with my Thrift Savings Plan when I leave federal service? With the Thrift Saving Plan Alternative you will be given the flexibility and the security that you are looking for. The Thrift Savings Plan Alternative is for employees that are retiring or active employees that are 59 1/2 or older.
- Safety of the G fund (NO RISK)
- Interest credited to your plan based on S&P 500 (Equivalent to C Fund)
- Flexible Withdrawals (Lump Sum, Monthly Payments or a Combination of Both)
- No Management Fees
- You Choose Your Beneficiary In The Event Of Your Death