Federal Retirement Thrift Investment Board

The Federal Retirement Thrift Investment Board (FRTIB) is an independent federal agency based in Washington, DC. It employs approximately 171 individuals and manages a substantial revenue stream of $100 million. The FRTIB administers the Thrift Savings Plan (TSP), a retirement plan for federal employees and members of the Uniformed Services. The TSP offers benefits comparable to private sector 401(k) plans, providing a pathway to dignified retirement for its participants. The FRTIB's primary goal is to manage the TSP exclusively in the best interests of its participants and beneficiaries. The TSP stands as one of the world's largest defined contribution plans, overseeing over $480 billion in assets for more than 5 million participants located globally. The plan's structure and benefits have earned it recognition as a leading model for defined contribution plans worldwide. For more information, please visit their website at frtib.gov.