Roth TSP Will Be Available May 7th
The Roth is coming to the Thrift Savings Plan.
The Roth TSP feature will give federal government employees greater flexibility in the tax treatment of their accounts. Roth contributions are tax-free when withdrawn; their earnings are also tax-free when withdrawn (as long as certain IRS requirements are met). Participants should check with their agencies or services to find out when they will be ready to participate in the Roth TSP.