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Gastrolith
12-19-2006, 07:47 PM
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

grandma
12-19-2006, 09:18 PM
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 - :cool: