Ask The Experts: Money Matters

By Mike Miles

Roth TSP

Bookmark and Share

Q. Should I put some or all my TSP money into a Roth TSP? I’m almost 30, make around $59,000 a year and want to make aggressive choices so my money can grow. What should I do?

A. The answer depends entirely upon your predictions about your future income tax rates.

Tags: ,


  1. Al R Says:
    January 31st, 2013 at 3:54 am

    If you wish to be aggressive, you should max out your contributions every year and select the highest numbered L fund – currently L2050.

    If you believe you will retire in a higher tax bracket, then go Roth TSP. If you only contribute a small amount into your TSP account, chances are you will retire with a small-ish balance and thus a lower tax bracket at withdrawal.

Leave a Reply

PLEASE NOTE! Do not submit ANY questions via the Comments form. Instead, please send your questions directly to Questions submitted via the Comments form will NOT be answered!