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How Much Should You Contribute To Your TSP?

When you consider the Thrift Savings Plan’s (TSP) low fees, diversified funds, and generous government match, contributing is a no-brainer for most Federal employees. However, the question of “how much” to contribute is far more complicated. This question is difficult to answer because it depends on many variables such as what age you begin to…

Roth TSP and Roth IRA

Can You Have A Roth TSP And Roth IRA?

In this video, I’ll cover whether you can have both a Roth TSP and Roth IRA and some of the differences between the two. If you want to learn more, read this article on the differences between the TSP and the IRA.

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How Is Your TSP Taxed?

The Thrift Savings Plan (TSP) is a qualified retirement plan, which means the plan meets specific IRS requirements and, as such, receives additional tax benefits and protections. The tax benefits you’ll receive and how your withdrawals will be taxed depends on whether you have a traditional or a roth TSP. Traditional vs Roth Taxation Traditional…

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