Aug 27, 2012

TSP Roth Accounts Gaining in Popularity

"...About 20,000 Thrift Savings Plan participants have opened Roth accounts since the program’s launch in May, the board governing the plan said Monday.

About $13 million has so far been deposited in TSP Roth accounts, or roughly $650 per participant on average...

The new investment option allows participants to invest after-tax earnings into funds that will grow without tax liability on future earnings. This differs from the standard TSP plan, where before-tax dollars are invested and taxed when they are withdrawn..."
Read more at Federal Times

Related Posts Plugin for WordPress, Blogger...