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Showing posts with the label mixofrothtsp

A combination of Roth TSP investments

How much should a federal employee or retiree have in their Roth TSP and IRAs? This is a great question that someone recently brought up and I thought I would address. Having all in Roth isn't possible for federal employees, but more tax free income means more flexibility in retirement.... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA The Roth TSP mix is a retirement savings plan for United States federal government employees and military personnel. The plan is a combination of a traditional Thrift Savings Plan and a Roth IRA, offering savers the ability to invest their contributions in both pre-tax and after-tax accounts. Unlike a traditional TSP, which uses pre-tax dollars, the Roth TSP uses after-tax dollars. This means that employees pay taxes on their contributions upfront, but their withdrawals during retirement are tax-free.