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Federal Reserve Building, Washington DC, USA. Credit:tanarch/Adobe StockAs federal workers face mass terminations at various government agencies, under the Trump administration’s new DOGE unit run by Elon Musk, many have been participants in the federal Thrift Savings Plan, the defined contribution retirement system for federal workers that had a “record year” in 2024.
Now, the plan has posted a fact sheet on the TSP.gov website, Information for TSP Participant Leaving Federal Employment, letting them know that they “can stay with the TSP even if you leave your federal job” and to answer questions about managing their account.
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