pyriel
12-16-2004, 11:31 AM
TSP gang,
Please smart ones, give me some guidance. My wife is a FERS employee contributing 14% (15% next year) and receiving matching contribution of 5%. Max contribution according to TSP is 13K (14K next year). We want to follow the latter but do not want to lose the 5% matching. Additionally, the latter will help us with lowering our taxes as well. Can it be done? Please explain how. Is anyone doing this?
As for me, I'm an active duty military contributing 9% (10% next year). I would like to do the same and max out to 14K next year. Which one can I follow? I've always thought I am limited only to 9 and 10%. What gives?
:*Heads spinning and seeing stars....
Pyriel
Please smart ones, give me some guidance. My wife is a FERS employee contributing 14% (15% next year) and receiving matching contribution of 5%. Max contribution according to TSP is 13K (14K next year). We want to follow the latter but do not want to lose the 5% matching. Additionally, the latter will help us with lowering our taxes as well. Can it be done? Please explain how. Is anyone doing this?
As for me, I'm an active duty military contributing 9% (10% next year). I would like to do the same and max out to 14K next year. Which one can I follow? I've always thought I am limited only to 9 and 10%. What gives?
:*Heads spinning and seeing stars....
Pyriel