The Thrift Savings Plan (TSP) is somewhat like the highly popular 401K plans offered at many civilian jobs, but is actually better. Like the 401K, the TSP is a way for income to grow tax-deferred. Unlike other plans, there are no management fees and TSP contributions reduce taxable income. It has also had a strong performance record over the years. Perhaps the biggest advantage of TSP is that the government will match a Soldier's contribution, up to 5 percent. Also, TSP can be customized to meet the Soldier's individual needs. For more information, speak with a Personal Financial Manager at Army Community Service who can help you customize where your TSP funds are invested. For more resources and tips on TSP, see the Military.com TSP section.