The Thrift Savings Plan (TSP)

Monday February 13, 2006

The Thrift Savings Plan (TSP) is a government-sponsored savings and investment program that offers tax-deferred opportunities similar to the civilian sector's 401 (k) plan. All Soldiers have the opportunity to participate in TSP at any time.

The TSP offers L Funds or Lifecycle Funds which provide a time-targeted professionally determined investment mix among the individual TSP funds. The L Funds are ideal for Soldiers who don't have the knowledge or time to devote to managing investments among the TSP funds.

For the Soldier's that want to manage their own account, TSP offers five individual funds. The Soldier can choose one or more funds and decide what percentage to invest in each.

Important information regarding TSP accounts:

- The TSP account belongs to the Soldier. A Soldier may start, stop or change contribution amounts at anytime and change investments among the TSP funds.

- Soldiers can transfer money from other eligible employer 401(k) type plans or individual retirement accounts (IRAs) to their TSP account.

- If a Soldier is age 50 or older, he/she can make catch-up contributions.

- Soldiers may borrow from their account. The amount borrowed is repaid through payroll deduction.

- Although soldiers may not make a full withdrawal of their TSP account while still an active military member, under certain circumstances, an in-service withdrawal for financial hardship or age-based withdrawal may be available.

- Soldiers are given a choice of withdrawal options after they separate. They don't have to withdraw their money, but leave it in to compound earnings for future use in retirement years.

To open an account, go to my pay website . Once a Soldier signs into myPay, he or she can select the TSP option to start, change, or stop contributions. Soldiers may also submit Form TSP-U-1 (a copy can be downloaded from the TSP Web site at through their finance office.

For additional information:
my pay
The Thrift Savings Plan


New section for Stand-To! News

A new section has been added to the News portion of Stand-To!.
This week, a section entitled "What's Being Said in Blogs" will be filled with blogs from around the country pertaining to the Army and DoD communities.

For those who are not familiar with what a Blog is, there will be an upcoming Focus of the Day dedicated to the topic.


  • Opinion: 'Is Army billing troops for their gear?' (BB)
  • Army may face officer shortage by 2007 (HST)
  • 1st ID unit to train Iraqi security forces (AT)
  • Army green (APM)
  • Springs area braces for storm of Soldiers (CSG | EB)
  • Army begins CAC logon for computers (ARNEWS)
  • Nemechek finishes ninth in Bud Shootout (ARD)
  • Guard leaders laud Army's Olympic athletes (ARNEWS)


  • Iraqi troops distrust U.S. (Newsweek)
  • Can Shiite Jaafari unify the new Iraq? (CSM)
  • Intelligence downplayed in Iraq policy (NPR)
  • The Iraqi insurgency is still primarily an anti-occupation effort (SLATE)
  • Iraqis forming new government (CNN)


  • Afghanistan: Exporting tactics of terror (Newsday)
  • In Algeria, Rumsfeld welcomes counter-terrorism cooperation (VOA)
  • Commentary: 'Needed: more troops, not high-tech gadgets' (CSM)
  • Innocent, but inCSM)
  • Wanted: A few good Taliban recruits (Newsweek)
  • British soldiers seen on video beating Iraqis (PI)
  • Violence surges along U.S.-Mexico Border (NPR)
  • Bone condition hampers Soldiers' recovery (USAT)


Subscribe to STAND-TO! to learn about the U.S. Army initiatives.


We need to grow Soldiers to be leaders. We are going to be at war a long time; we need to do this right.

Kenneth O. Preston
Sergeant Major of the United States Army


STAND-TO! is an information paper-based web platform that supports the U.S. Army’s strategic communication objectives.

The information papers -- written, approved and submitted by the Army agencies -- provide a broad, objective view of the Army’s current operations, doctrine and programs. The "Today’s Focus" topics highlight Army Staff initiatives and support Army wide strategic-level issues.

All published editions are sent to subscribers via email and archived daily in the STAND-TO! Archives.

STAND-TO! falls under the management of the Online and Social Media Division (OSMD) in the Office of the Chief of Public Affairs (OCPA).

Subscribe to STAND-TO! to learn about the U.S. Army initiatives.