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Thread: TSP at EOM December

  1. #1
    Gastrolith is offline Newbie
    Join Date
    Nov 2005
    Location
    , Massachusetts, USA
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    Default TSP at EOM December

    Folks, I feel stupid asking...

    Is the TSP deposit for end of month December (paid on 1 Jan) for 2006 or 2007 Contribution? I earned the money in Dec, but paid in Jan.

    Trivial, but important to me,
    Gastrolith


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  3. #2
    grandma's Avatar
    grandma is offline Planet TSP
    Join Date
    Dec 2004
    Location
    NW Ark, USA
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    Default Re: TSP at EOM December

    Quote Originally Posted by Gastrolith View Post
    Folks, I feel stupid asking...

    Is the TSP deposit for end of month December (paid on 1 Jan) for 2006 or 2007 Contribution? I earned the money in Dec, but paid in Jan.

    Trivial, but important to me,
    Gastrolith
    ...doesn't matter when you earned it - the changing of hands is what counts.
    ...like, you claim your IRS deductions the year the money went out, the other guy claims the income the day he received it.

    BUT - I'll bet you Almost anything, that you will get your automatic deposit on Dec 29, Friday; and when they cut the check (eft), the tsp gets their's at that same time -
    OWS: please move camp site to the Federal Reserve Building. Thank you ...

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