Are you a member of the Thrift Savings Plan (TSP) and wondering if there is a mobile app available for managing your account? The short answer is yes, there is a TSP mobile app that you can download for free. In this article, we will take a closer look at what the TSP mobile app can do and how it can benefit you.
What is TSP?
Before we dive into the details of the TSP mobile app, let’s quickly review what TSP is. TSP is a retirement savings plan for federal employees, including those in the military. It offers tax-deferred savings and investment options to help grow your retirement nest egg.
What Does the TSP Mobile App Offer?
The TSP mobile app offers many features that make managing your account on-the-go easier than ever before. Some of these features include:
- Viewing your account balance and transaction history
- Changing your contribution amount
- Allocating your investments
- Updating personal information (address, phone number, email)
- Accessing helpful financial planning tools
How to Download and Use the TSP Mobile App
The TSP mobile app is available for both iOS and Android devices. To download it, simply search for “TSP” in the App Store or Google Play Store. Once downloaded, you will need to log in using your TSP account number or username and password.
Once logged in, you will have access to all of the features mentioned above. You can view your account balance and transaction history by tapping on “Account Balance” or “Transaction History.” To change your contribution amount or allocate your investments, simply tap on “Contribution Amount” or “Investment Allocation.”
Benefits of Using the TSP Mobile App
The TSP mobile app offers many benefits to users, including:
- Convenience – The app allows you to manage your account from anywhere, at any time.
- Real-time updates – You can view your account balance and transaction history in real-time.
- User-friendly interface – The app is easy to navigate and use.
- Enhanced security – The app uses the same security measures as the TSP website to protect your personal information.
In summary, the TSP mobile app is a useful tool for managing your TSP account on-the-go. It offers many features that make it easier than ever to stay on top of your retirement savings. If you are a federal employee or member of the military with a TSP account, we highly recommend downloading this free app today.