Should you invest in the Traditional or Roth TSP?

Well, I’m glad you asked because I guarantee you that you are not the only one. Many service members have no idea what the key differences are. They simply stick with the default option (Traditional) and hope for the best. However, the fact that you are even asking the question is a great sign! It means that you likely have a basic understanding of the Thrift Savings Plan, have already started contributing at least 5-10% of your base pay, and know which Funds you want to invest in.

This article is the next step in the progression for understanding how the Thrift Savings Plan works and will help you understand the key differences between the two systems.

This decision is important! You could potentially pay THOUSANDS of dollars in extra taxes if you pick the wrong option for your situation.

For tonight’s match-up, I give you “Ole Faithful” (Traditional TSP) vs the “New Hotness” (Roth TSP)! Two men will enter, one man will leave!

http://www.yourewelcome.blog/2018/06/24/traditional-vs-roth-tsp/