Liteblue TSP (Thrift Savings Plan)
Saving plans with LiteBlue USPS can be manageable by fulfilling the requirements and meeting the eligibility criteria, however, handling pension funds is another experience associated with employees. Managing pension funds is an appropriate process for federal employment and employees also aspire to a simple methodology to handle their funds. A Thrift Saving Plan (TSP) is a tool that is designed for LiteBlue employees to handle their finances. In this article, we will understand TSP, its process to log in, and its benefits for employees.
What is LiteBlue Thrift Saving Plan (TSP)?
Thrift Saving Plan (TSP) is a platform to manage retirement funds and financial transactions and is designed for both 401(k) in the private sector and federal sectors as well. The main objective of this customized platform is to promote employee retirement plans organized by government employees. The USPS LiteBlue employees manage their accounts by accessing the TSP using a stable internet connection.
Main Objectives of Liteblue USPS Gov TSP:
- Employees choose their preferred investment plans by keeping a space for involved risk and following the terms and conditions.
- Contribution Types are based on Traditional and Roth options, and employees choose to handle their retirement funds based on saving Pre-tax or After-tax dollars for their retirements.
- Employees can manage their retirement funds by investing and contributing according to their preferred and matched contributions.
Guide to Aceess Liteblue USPS Gov TSP:
Accessing Liteblue USPS Gov TSP is a straightforward process for USPS LiteBlue employees. Here are the following steps to follow:
- Access the official page of USPS Gov TSP to log in, or follow the link https://www.tsp.gov/tsp/
- The “Login” button is located almost top center of the homepage, click on the button.
- On the new page, navigate to the section “Returning user login” and enter your username and password. Click on the “Login” button.
- Now, you are successfully logged into the TSP main menu to access or utilize your retirement funds and finances.
Dashboard of USPS Gov TSP:
After accessing the USPS Gov TSP, existing users or new users access the following sections on the dashboard of the main page:
Manage Your Plan:
This section is included in the following sub-sections:
- TSP Basics: Initial or trial plans for a limited duration.
- Making Contributions:
- Accessing Your Account:
- Online Learning:
- Calculators:
- Forums and Resources:
Fund Options:
This section is included in the following sub-sections:
- Investing Strategies:
- Investment Options:
- Lifecycle Funds:
- Individual Funds:
- Mutual Fund Window:
Fund Performance:
This section is included in the following sub-sections:
- Rates of Return:
- Share Price History:
- Share Price Calculation
Use Your Savings:
TSP Loans, Taking Money from your Account, In-service Withdrawal Basics, and Withdrawals in Retirement are sections that can be accessed by the users to maintain or manage their retirement savings.
Life Changes:
This section is included in the following sub-sections:
- Planning for Life Events:
- Changes in Your Career:
- For Beneficiary Participants:
Set up your New Login for My Account:
The “Setting-up New Account” section is located at the center of the page and near the login section and users who want to activate a new account to access the page can follow the given instructions. Also read: LiteBlue MFA
News & Resources:
This section provides the latest posts related to new investment plans or contributions. Users can view the latest announcements along with dates, deadlines, and instructions to get the plans.
Help & Support:
For any kind of assistance and support, users can contact to support team by calling 1-877-968-3778. Users can also send emails, or access the social media platform for any queries or issues. Forums and communities are also accessible for employees to solve their queries or to get the answers to their questions. Moreover, social media platforms such as Twitter or Facebook are also available for the latest updates and assistance.
TSP Mobile App:
Employees can access the TSP mobile app by downloading and installing it on their mobile devices for convenience access. The application is available on the Google Play Store for Android Device users and the Apple Store for IOS device Users.
Liteblue Thrift Savings Plan Advantages:
The Liteblue Thrift Savings Plan (TSP) is beneficial to employees with the following advantages:
- Cash accumulation and compounds are based on consistent contributions of employees and they get benefits and profit by increasing their funds via investment or consistent contributions.
- An employee can handle their investment risks according to their time horizon and manage the risks’ potential according to their funds.
- TSP Lifecycle Funds is another beneficial aspect for employees to invest without frequent changes.
- Employees choose various loan choices to manage their professional and personal options.
- Contribution rates are adjustable by employees and easily changeable according to their financial choices.
Conclusion
Liteblue TSP (Thrift Savings Plan) is an online platform for employees with retirement funds and financial account activities. This platform is established for employees of both private and government sectors to maintain finance. The homepage of TSP includes various account access benefits, login access for new and existing employees, retirement plans, contributions, loans, and many other features. TSP mobile application is also available to provide convenient services to employees as well.
