The Federal Retirement Thrift Investment Board oversees the Thrift Savings Plan (TSP) - a tax-deferred defined contribution plan similar to the private sector 401(k) plan, which provides federal workers the ability to prepare for enhanced retirement protection. The organization is committed to administer the TSP solely in the interest of participants and beneficiaries. The organization's success has solely been linked to its values which are; to achieve flawless operations, help participants make smart choices, spend participants' money wisely, make the FRTIB a great place to work; and a place where only satisfactory results are guaranteed while creating excellent relationships with TSP stakeholders. The organization runs development programs, leadership training and retirement plans as well as provides excellent benefits for employees.