The topic should touch on the managerial accounting or finance side of retirement

” topic of interest that covers a managerial accounting or finance subject.”

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The military retirement Thrift Saving Plan (TSP) is a retirement plan that was initiated by the federal government for the military personnel as well as for all other federal government employees. The retirement plan was established under the Federal Employees’ Retirement System Act that was formed in 1986. The retirement plan was extended to the military officers in 2001 because of the formation of the National Defense Authorization Act (Isaacs, 2015). TPS is almost similar to the 401(k) retirement plan that their employers offer the private sector employees.  The TSP is controlled by the Federal Retirement Thrift Investment Board (FRTIB). The FRTIB is made up of five…