"...This is the second in a series of three columns on how to free up a little more spending money -- or increase the amount you’ll have available when you retire... Now let’s examine the Thrift Savings Plan...
If you think you will be in a lower tax bracket in retirement and if you have some time for the money to accumulate a substantial amount of earnings, then you might consider using the Roth TSP option to save. Unlike regular TSP contributions, you’ll pay taxes on these now, but the withdrawals later will be tax-free as long as you meet certain conditions..."
If you think you will be in a lower tax bracket in retirement and if you have some time for the money to accumulate a substantial amount of earnings, then you might consider using the Roth TSP option to save. Unlike regular TSP contributions, you’ll pay taxes on these now, but the withdrawals later will be tax-free as long as you meet certain conditions..."
