Is the catch up contibution TSP traditional also taken off your taxable earnings? Tax deferred like regular tsp contributions?
well I had changed my allocations using the MYPAY system, and it did not take. the next paycheck had my original allocations as set six months ago. So it looks like even if you try to change the allocations you still need to talk to payroll to see that they have rippled down to them.
Is the catch up contibution TSP traditional also taken off your taxable earnings? Tax deferred like regular tsp contributions?
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Great advice I was given right there when I started my federal job. That's what I'm doing as well instead of bumping up TSP, I'm adding to my external Roth IRA through my bank. Once I pay off college I'll have the extra $450 a month to put toward the monthly Roth contribution.
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