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Investing in the tsp in the best way possible can make a huge difference in your quality of life. For example if you invest a thousand dollars a month for thirty years compare that at a six percent rate of return to ten percent rate of return - the difference is 1.2 million dollars! So watch this video to the end to make sure youre not missing out on 1.2 million dollars! Im Tim Wolffe and if youre looking for ways to be smarter with your money go ahead hit the SUBSCRIBE button. Lets start off with what is the tsp: The thrift savings plan is for all federal government employees and this includes the military. Its the federal governments version of the 401k and most people that have the tsp, have an option to get a match. Which means you contribute at least five percent of your salary to the tsp and the government will contribute another five percent on top of that. You can either choose to do a roth tsp or a traditional tsp or both. Roth means youre
