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Thread: TSP catch up - about four pay periods left in 2015

  1. #13

    Default Re: TSP catch up - about four pay periods left in 2015

    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.

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  3. #14

    Default Re: TSP catch up - about four pay periods left in 2015

    Is the catch up contibution TSP traditional also taken off your taxable earnings? Tax deferred like regular tsp contributions?
    Emotions should never play a role in one's investing strategy!
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  5. #15

    Join Date
    Aug 2014
    Location
    Pennsylvania, USA
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    281

    Default Re: TSP catch up - about four pay periods left in 2015

    Quote Originally Posted by Valkyrie View Post
    do the 5% matching and that's it. put the other 10% and any matching into private accounts.
    u will thank me one day.
    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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  7. #16

    Join Date
    Oct 2008
    Location
    Stinking desert valley of bad air quality, AZ
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    2,740

    Default Re: TSP catch up - about four pay periods left in 2015

    Quote Originally Posted by Maricar19 View Post
    Is the catch up contibution TSP traditional also taken off your taxable earnings? Tax deferred like regular tsp contributions?
    Yes

    PO

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