TSP News

Good news for active duty folks that invest in the Thrift Savings Plan (TSP). The federal government has decided to do away with the open/closed season restrictions.

There will be one more open season, April 15 through June 30, 2005, and then starting July 1st, you will be able to change investment options at any time (instead of just twice a year). I never really understood the restrictions before, but I imagine this will make things a lot easier for many service members.

For more information you can read the official press release here, or read an Air Force News article that explains things in more detail.