Re: Losing money?
Originally Posted by
SenorL321
Thanks, i raised my contributions a couple days ago from 25% to 60%.
That is good, but I want to make sure you understand what I am saying. Your TSP will be TAXED as you draw it out when you retire, it is tax 'deferred". Not really a advantage in a tax free zone.
A ROTH you will never be taxed..............ever, even on the gains..............ever.
My best advice would be to full fund this years a Roth before April 15, 2009 and then fully fund 2009's Roth.
Socrates: "Democracy, which is a charming form of government, full of variety and disorder, and dispensing a sort of equality to equals and unequaled alike."
Bookmarks